SEOUL, Aug. 7 (Korea Bizwire) — South Korea’s export of cathodes, a key secondary battery material, to the United States surged almost threefold in the first seven months from a year earlier, on growing demand for electric vehicle (EV) cells and the new U.S. law on promoting green technologies, data showed Monday. Outbound shipments of [...]
SEOUL, July 31 (Korea Bizwire) — South Korea’s exports of farm and fisheries products fell 3.8 percent on-year in the first half of the year, data showed Monday. Outbound shipments of agricultural and fisheries goods came to US$5.95 billion in the January-June period, down from $6.19 billion a year earlier, according to the data by [...]
SEOUL, July 28 (Korea Bizwire) – South Korea’s exports of ice cream reached a record high in the first half of 2023, data showed Friday, on the back of the growing popularity of Korean entertainment content across the globe. Outbound shipments of ice cream and other edible ice products reached US$59 million in the January-June [...]
SEOUL, July 21 (Korea Bizwire) — South Korea’s exports to China fell 26 percent in the first half of this year on Beijing’s falling demand for chips and display items amid a global economic slowdown, data showed Friday. Outbound shipments to China came to US$60.18 billion during the first six months of the year, compared [...]
SEOUL, July 18 (Korea Bizwire) — Exports of K-pop albums reached an all-time high in the first half of the year, with the United States surpassing China as the second-largest market for Korean music, data showed Tuesday. According to the data from the Korea Customs Service, exports of K-pop albums in the first six months [...]
SEOUL, July 17 (Korea Bizwire) — The share of South Korea in China’s total imports has been steadily declining, Beijing’s trade data showed Sunday. China’s imports from South Korea amounted to $77 billion in the first half of this year, showing a 24.9 percent decrease compared to the previous year, according to data from China’s [...]
SEOUL, July 3 (Korea Bizwire) — South Korea’s exports to the United States rose more than 5 percent per year on average over the past decade thanks to the 2012 bilateral free trade agreement, compared with a 1.5 percent increase in the country’s overall exports, a think tank said Monday. South Korea’s shipments to the [...]
SEJONG, June 30 (Korea Bizwire) — South Korea’s forklift exports jumped nearly 57 percent on-year in the first five months of 2023, data showed Friday, following a rebound in the global construction industry. Exports of forklifts reached US$525 million from January to May this year, reaching a record-high amount for the period, according to the [...]
SEOUL, June 5 (Korea Bizwire) — The South Korean government on Monday unveiled a set of policy measures to promote exports of next-generation digital products, like artificial intelligence, metaverse and online media platforms, in a way to seek new potential markets. The Ministry of Science and ICT said it will support local businesses that have [...]
SEOUL, June 1 (Korea Bizwire) — South Korea’s terms of trade worsened for the 25th straight month in April as export prices fell faster than import prices, central bank data showed Wednesday. The country’s net terms-of-trade index for goods fell 0.5 percent last month from a year earlier, following a 5 percent dip the previous [...]