Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

South Korea's Digital Product Exports Up in May
Jun 27, 2003
 Printable format
 Email this Article
 Search

South Korea's digital product exports in May registered U.S. $5.31 billion, up 4.2 percent from a year ago, and imports accounted for $3.25 billion, up 8.1 percent, resulting in a trade surplus of $2.06 billion, the Ministry of Commerce and Industry said Thursday.

The surplus was the fourth in a row since February, the ministry said.

Combined exports for this year through May jumped to $27.08 billion, up 13.6 percent annually, and cumulative imports increased to $17.24 billion, up 20.3 percent, with a resultant surplus of $9.84 billion, according to the ministry.

However, the export increase rate slowed down to 4.2 percent in May from 12 percent in the preceding month due to the spread of SARS and a nationwide strike by cargo truck unionists, the ministry said.

By export item, mobile phones posted a 12.8-percent export growth rate, with DRAMs at 4 percent, notebook PCs at 31.9 percent, and monitors at 9.1 percent. However, desktop computers suffered a whopping 72.2 percent decline.

The increase rate of exports to China went down to 37.8 per cent from 57.5 percent in April, and those of shipments to the U.S. and Canada also declined to 15.9 percent and 11.4 percent, respectively, due to the highly contagious disease, the delayed recovery of the global IT industry, and contracted consumer sentiment, the ministry said.

On the other hand, exports to the Middle East grew by 17.9 per cent thanks to the relatively quick ending of the Iraq War.

In terms of imports, notebook PCs jumped 46.7 percent, with printers at 45.8 percent and flat displays and sensors at 28.9 percent, the ministry said. Imports from Japan went up by 11 per cent to $816 million, and those from China increased 42.2 per cent to $458 million, it added. (Asia Pulse, Yonhap)

Back to Daily News

 

Daily News

...........................................................

Apr 24, 2014: BSH Annual Revenue Tops EUR 10 Billion for First Time

Apr 24, 2014: New Home Sales Show Sharp March Drop

Apr 24, 2014: Ingersoll Rand HVAC Segment Reports Strong 1Q

Apr 24, 2014: ASHRAE 2014 Annual Conference Announced For Seattle

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows