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The following is a list of the exports of South Korea. Data is for 2012, in millions of United States dollars, as reported by The Observatory of Economic Complexity. Currently the top twenty exports are listed. #
South Korea began to adapt an export-oriented economic strategy to fuel its economy. In 2022, South Korea was the ninth largest exporter and ninth largest importer in the world. The Bank of Korea and the Korea Development Institute periodically release major economic indicators and economic trends of the economy of South Korea. [30] [31]
Soon by the mid-1980s, Korea's economic growth was recognized internationally and world criticized its export intensive economy. Unfavorable global conditions hit Korea's export intensive economy. Korean policy makers realized the need to open markets and create more competition and to boost the international competitiveness of domestic industries.
South Korea's export growth is expected to have slowed for a third straight month in October on signs of cooling global demand for computer chips, a Reuters poll showed on Wednesday. Outbound ...
The coronavirus crisis sent South Korean exports plunging in April at their sharpest pace since the global financial crisis, signalling a bleak outlook for international trade as the pandemic ...
South Korea's exports expanded at their fastest pace in 26 months in December, on robust chip demand and improved global demand, providing additional signals that the recovery is on track despite ...
Moreover, Korea's transformation is defined as 'relative backwardness' as South Korea needs to come up with a new economic strategy to consider the long-term growth and catching-up as the reform program only considers short-term goals and will most likely destruct future growth prospect for the South Korean economy. [28]
South Korea's exports fell the most in over two years in September, but analysts chalked up the decline to fewer working days and said global demand for the country's goods still seems strong ...