South Korea's export: the export of fiber products declined by 8.7% in September
according to the statistics of import and export trends in September released by the Ministry of knowledge economy of South Korea (the provisional value from September 1 to 30), the export amount was 45.66 billion US dollars, a decline of 1.8% over the same month last year, the import amount was 42.51 billion US dollars, a decline of 6.1% over the same month last year, and the trade surplus was 3.15 billion US dollars
by the end of September, the cumulative total trade value of South Korea had reached US $798.1 billion, a slight decline of 1.2% over the same period last year; The cumulative export value reached 408.43 billion US dollars, a decline of 1.5% over the same period last year; The cumulative import value reached 389.67 billion US dollars, a decline of 0.9% over the same period last year, and the cumulative trade surplus reached 18.76 billion US dollars
among the 13 major export projects in September (the tentative value from September 1 to 30), petroleum products, wireless communication machines, petrochemical and automotive components grew by 24%, 10%, 2.4% and 1.4%
LCD, home appliances, semiconductors, automobiles, fiber products, general machinery, steel products, computers and ships declined by 0.4%, 0.5%, 3%, 5%, 8.2%, 8.7%, 9.1%, 18% and 50.6% respectively
the main export regions (the tentative value of the main detection range of the material testing machine that passed the test on the test pieces from September 1 to 20) increased by 13.7%, 17.8%, 13%, 15.1%, 26%, and 18.5% respectively for Chinese Mainland, the United States, the European Union, ASEAN, the Middle East and Oceania, and declined by 1.7% and 12.2% for Japan and central and South America
in terms of import (provisional value from September 1 to 20), the overall import of raw materials declined by 9.1% over the same period last year, of which the import of coal decreased by 44.3%; The overall import of capital goods increased by 5.2% over the same period last year, which was very beneficial to scientific research and teaching. The import of other integrated circuit semiconductors increased by 38.8% and the import of cargo ships increased by 132.1%; The overall import of consumer goods increased by 3.9% over the same period last year, of which the import of corn increased by 56.6% and other cosmetics increased by 25.9%
the Ministry of knowledge economy of South Korea said that although the import and export in September still showed a recession compared with the same period last year, the decline in exports has slowed significantly compared with the previous month, and the trade balance has maintained a surplus for eight consecutive months
the slowdown in exports in September was mainly due to the growth of exports of petroleum products and wireless communication machines declined by seasonal factors in July and August compared with the same period last year
the ministry predicts that although South Korea's exports will still be affected in the fourth quarter due to the slow economic recovery of major countries, the effects of measures such as expanding trade finance and supporting export marketing will appear. (
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