export Archives | Page 11 of 14 | Be Korea-savvy
S. Korea’s Auto Exports Plunge to 7-Yr Low in Aug.

S. Korea’s Auto Exports Plunge to 7-Yr Low in Aug.

SEJONG, Sept. 13 (Korea Bizwire) – South Korea’s car exports shrank to a seven-year low in August due mainly to contracted global demand and partial strikes at local carmakers, the government said Tuesday.  Outbound shipments of vehicles came to 142,987 units last month, down 18.6 percent from 175,610 units tallied a year earlier, according to [...]

S. Korea’s Clean Energy Exports on Rise

S. Korea’s Clean Energy Exports on Rise

SEOUL, Sept. 5 (Korea Bizwire) – South Korea’s exports of clean, renewable energy products have sharply increased from a year earlier in the first seven months of the year, the trade ministry said Monday, indicating improving competitiveness of South Korean products.  Outbound shipments of solar panels and other related equipment came to US$2.01 billion in [...]

Exports to Vietnam on Steady Rise, Jumping over 10 Pct in 2016

Exports to Vietnam on Steady Rise, Jumping over 10 Pct in 2016

SEOUL, Aug. 25 (Korea Bizwire) – South Korea’s exports to Vietnam have spiked over 10 percent so far this year, making it the world’s third-largest importer of South Korean goods, data showed Thursday.  In the January-July period, shipments to Vietnam jumped 10.1 percent on-year to US$18.02 billion, according to the data from the Korea International [...]

Export Sales of Korean Traditional Liquor on the Rise

Export Sales of Korean Traditional Liquor on the Rise

BUSAN, Aug. 11 (Korea Bizwire) – With the average legal-aged Korean consuming 90 bottles a year, soju is undoubtedly the most popular distilled alcoholic beverage in Korea. Virtually unknown abroad, the drink’s popularity has recently begun to pick up momentum overseas.  Busan-based distiller Daesun is better known for its soju brand C1. According to Daesun, [...]

Korea’s E-Commerce Exports up 83 Percent in Q2

Korea’s E-Commerce Exports up 83 Percent in Q2

SEJONG, Aug. 3 (Korea Bizwire) – South Koreans’ direct purchases from foreign countries edged up in the second quarter of this year, with online purchases of Korean products by overseas shoppers nearly doubling, government data showed Wednesday.  Koreans’ direct purchases of foreign goods via overseas online shopping malls reached 411.8 billion won (US$369.3 million) during [...]

Weak Korean Won Benefits Export Businesses

Weak Korean Won Benefits Export Businesses

SEOUL, Aug. 1 (Korea Bizwire) – The American dollar has regained some strength in the second quarter, and according to industry analysts, companies producing chemicals and raw materials for the pharmaceutical industry were among those who reaped the most benefits from the dollar’s appreciation. Korea is a heavily export-reliant country with over 50 percent of [...]

ZAIGLE Targets $350-Billion Global Market for BBQ Grill

ZAIGLE Targets $350-Billion Global Market for BBQ Grill

SEOUL, July 27 (Korea Bizwire) – ZAIGLE is a Korean household appliances maker best known for its BBQ grill of the same name. The uniquely-shaped cooking appliance has helped propel the venture company to surpass 100 billion won in annual revenue just seven years after the company’s launch.  “We’ll strengthen our offline distribution in Korea [...]