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 Exports Reach Record High in 2004
Jan 3, 2005
 Printable format
 Email this Article
 Search

South Korea exported a record U.S. $254.22 billion worth of goods and services last year, up 31.2 percent on an annual basis, the Ministry of Commerce, Industry and Energy said.

The provisional tally also showed imports rising 25.5 percent to U.S. $224.47 billion on a customs clearance basis, resulting in a surplus of $29.75 billion. This is close to a two-fold increase vis-a-vis the previous year when the numbers reached $14.99 billion.

The latest figures also mean South Korean companies exported an average of $910 million worth of goods every day last year.

On December's trade figures, the government report showed South Korea exporting $23.58 billion worth of goods, an annual rise of 19.5 percent. Imports rose 19.2 percent in the 1-month period to $21.02 billion. The trade surplus for the last month of the year stood at $2.56 billion.

Exports were the leading engine of growth for South Korea last year as domestic consumption and business investments were unable to contribute effectively to overall growth.

Seoul had said 5-percent growth was possible for the year, but later lowered its estimate to the upper 4-percent range. (Yonhap)

Back to Daily News

 

Daily News

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

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

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