imports Archives | Be Korea-savvy
S. Korea’s Dependency on Japan Materials, Parts Hits Fresh Low in 2021

S. Korea’s Dependency on Japan Materials, Parts Hits Fresh Low in 2021

SEOUL, Feb. 28 (Korea Bizwire) – South Korea’s dependency on Japanese materials and parts fell to an all-time low last year following Tokyo’s control of exports of key products bound for Seoul, the industry ministry said Monday. Imports of Japanese materials, parts and equipment came to US$39.5 billion in 2021, accounting for 15.9 percent of [...]