skorean industrial parts materials exports hit new high
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

S.Korean industrial parts, materials exports hit new high

Arab Today, arab today

Arab Today, arab today S.Korean industrial parts, materials exports hit new high

Seoul - Xinhua

South Korean exports of industrial parts and materials hit a new high in the first three quarters of this year due to solid demand for locally-made petrochemical products and auto parts, a government report showed Thursday. Overseas shipments of industrial parts and materials reached a record high of 192.1 billion U.S. dollars during the January- September period, up 14.6 percent from the same period of last year, the Ministry of Knowledge Economy said in a statement. Exports of information technology (IT)-related parts such as chips and flat panels contracted amid concerns over the European debt crisis, but brisk demand for auto parts and petrochemical products contributed to the record high of exports over the cited period, according to the ministry. Imports of industrial components and materials grew 15.5 percent on-year to reach a record high of 128 billion dollars for the first nine months of this year due to rising demand for auto parts caused by solid growth in the nation's auto sector, the ministry said. The country's trade surplus for industrial parts and materials came in at a new record of 64.1 billion dollars in the first three quarters, up 7.3 billion dollars from the same period of last year. The ministry estimated the surplus in the sector could top 80 billion dollars in 2011 if the growth trend continues. By country, exports to Japan grew 30.5 percent on-year to 12.9 billion dollars during the January-September period, while imports from the neighboring country inched up 6.5 percent on-year to 30 billion dollars. The slowed import growth reduced the South Korea' s chronic trade deficit with Japan by 1.18 billion dollars over the cited period. Shipments to China increased 8.7 percent on-year to reach 66.4 billion dollars for the first nine months of this year, with exports to the United States and Europe growing by 10.9 percent and 3.7 percent respectively.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

skorean industrial parts materials exports hit new high skorean industrial parts materials exports hit new high

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

skorean industrial parts materials exports hit new high skorean industrial parts materials exports hit new high

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday