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S. Korea: exports down 16.6 pct in first 10 days of June

S. Korea: exports down 16.6 pct in first 10 days of June

South Korea’s exports sharply fell 16.6 percent in the first 10 days of June mainly due to decreased shipments of semiconductors, one of the country’s key items, customs data showed Tuesday. The country’s exports stood at US$10.3 billion in the June 1-10 period, compared with $12.3 billion in the same period last year, according to […]

S. Korea’s exports drop 8.7 pct in first 20 days of April

S. Korea’s exports drop 8.7 pct in first 20 days of April

South Korea’s exports fell 8.7 percent in the first 20 days of April from a year earlier on decreased overseas shipments of semiconductors, customs data showed Monday. The country’s exports stood at US$29.7 billion in the April 1-20 period, compared with $32.5 billion in the same period last year, according to the Korea Customs Service. […]

S. Korea: exports of small firms hit record high in 2018

S. Korea: exports of small firms hit record high in 2018

Exports of small and medium-sized South Korean firms hit a record high of US$108.7 billion last year, government data showed Tuesday, due to the robust global manufacturing sector. The figures represent a 2.5 percent increase from 2017, according to the data compiled by the Ministry of SMEs and Startups. It was the second straight year […]

China’s foreign trade structure further optimized in first seven months

China’s foreign trade structure further optimized in first seven months

China’s imports and exports went up 8.6 percent year-on-year to 16.72 trillion yuan ($2.45 trillion) in the first seven months of this year, the official with Ministry of Commerce (MOFCOM) announced Tuesday quoting customs data. Exports grew 5 percent over the same period of last year to 8.89 trillion yuan while imports was up 12.9 […]

Commentary: Development the key to all issues

Commentary: Development the key to all issues

The trade conflicts between the US and China has attracted worldwide attention after the US administration targeted a wider range of imports from China subjected to the additional tariffs. Admittedly, the trade conflicts have exerted adverse impacts on some export industries or export-oriented enterprises in China, but there is no need for the country to […]

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