Arab Today, arab today south korea logs first auto parts trade surplus with japan
Last Updated : GMT 20:11:42
Arab Today, arab today
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South Korea logs first auto parts trade surplus with Japan

Arab Today, arab today

Arab Today, arab today South Korea logs first auto parts trade surplus with Japan

South Korean auto parts
Seoul - Yonhap

South Korea posted a trade surplus with Japan in the auto parts sector for the first time last year as Japanese carmakers widened sources of imports to lessen risks, industry data showed Monday.
According to the data provided by the Korea Trade-Investment Promotion Agency (KOTRA) and the Korea International Trade Association (KITA), South Korea recorded an auto parts trade surplus of US$23.75 million with Japan last year, a turnaround from the previous year's loss of $84.33 million.

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