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June exports inched down 0.1 percent The Ministry of Trade, Industry and Energy announced on July 1 that Korea’s exports recorded USD 51.2 billion in June, inching downward 0.1 percent year-on-year. This was due to the high base effect from the large-scale exports seen a year earlier.Average daily exports grew 6.9 percent year-on-year to $2.4 billion, achieving growth for t... 2018-07-01
Retail sales up 6.7 percent in May, led by online sales The Ministry of Trade, Industry and Energy announced on June 27 that overall retail sales in May expanded 6.7 percent from a year earlier on the back of strong online sales. Online sales surged 17.2 percent, continuing a seven-month streak of double-digit growth.  Sales at brick-and-mortar retailers also advanced 1.2 percent year-on-... 2018-06-27
ICT exports continue to show double-digit growth in May The Ministry of Trade, Industry and Energy announced on June 18 that exports of information and communication technology (ICT) goods marked their fourth-highest monthly figure of USD 18.6 billion in May.Exports of ICT goods were up 20.6 percent compared to a year earlier, achieving double-digit year-on-year growth for the 18th consecutive month, si... 2018-06-18
Korea’s car exports rise in value in May, thanks to green cars, SUVs The Ministry of Trade, Industry and Energy announced on June 15 that the value of both car and car part exports saw year-on-year growth in May, while the export volume inched downward.Cars and car part exports increased in terms of dollar value by 1.9 percent to USD 3.6 billion and by 14.7 percent to $2.1 billion, respectively. One of the factors t... 2018-06-15
Korean exports grow 13.5 percent in May The Ministry of Trade, Industry and Energy announced on June 1 that Korea’s exports grew 13.5 percent year-on-year to USD 50.9 billion in May. The growth rate turned to double digits for the first time since January 2018. In terms of volume, the May figures recorded the fifth largest monthly export figures ever.  Average daily ... 2018-06-01
Retail sales jump 6.3 percent in April The Ministry of Trade, Industry and Energy announced on May 30 that overall retail sales increased 6.3 percent in April from a year earlier, as growth in online sales remains robust. Online retail sales rose 15.9 percent year-on-year in April, while sales at brick-and-mortar retailers showed a modest growth rate of 1.0 percent year-on-year ove... 2018-05-30
[Press Release] Korea, MERCOSUR launches trade talks Korea, MERCOSUR begin trade negotiationsMinistry of Trade, Industry and EnergyMay 25, 2018 Seoul – His Excellencies, Eladio Loizaga for Paraguay, in charge of the Pro Temporary Presidency, Aloysio Nunes Ferreira Filho for Brazil and Rodolfo Nin Novoa for Uruguay, Foreign Ministers of the MERCOSUR Member States, the Minister of Indus... 2018-05-25
Korean auto part exports, EV sales grow in April The Ministry of Trade, Industry and Energy announced on May 17 that exports of Korean automobile parts rose 6.6 percent year-on-year to USD 2.0 billion in April, thanks to a recovery in the Chinese market and to export growth in emerging economies. A breakdown of auto part exports showed that outbound shipments to all major regions except Nort... 2018-05-17