Skip Menu
Content Menu

home PRESS CENTERPress Releases

Press Releases

  • Print
  • facebook
Ministry announces 8th Basic Plan for Electricity Supply and Demand The Ministry of Trade, Industry and Energy announced on December 14 a draft of the 8th Basic Plan for Long-term Electricity Supply and Demand.  Under the new biennial plan, which reflects environmental and safety factors in addition to stable power supply and economic efficiency, Korea will produce more power from renewable energy sources... 2017-12-14
Automobile exports grow 3.4% on strong sales of eco-friendly cars in November The Ministry of Trade, Industry and Energy announced on December 12 that exports of automobiles grew 3.4 percent to $4.1 billion on strong sales of eco-friendly cars and large vehicles in November.  Meanwhile, production and domestic sales by number of vehicles contracted 8 percent and 1.2 percent, respectively. Automobile exports by... 2017-12-12
Korea’s exports grow 9.6% to $50 billion in November The Ministry of Trade, Industry and Energy announced on December 1 that Korea’s exports in November grew 9.6 percent to USD 50 billion, a record for the month. Exports of goods rose for the 13th consecutive month for the first time in 71 months since December 2011. The average daily exports of goods rose by 9.6 percent to $2.1 billion. W... 2017-12-01
Retail sales grow 3% in October The Ministry of Trade, Industry and Energy announced on November 29 that Korea’s retail sales grew 3 percent to 10.13 trillion won in October from a year ago.  Online sales, which account for about a third of the total retail sales, rose by 4.2 percent, a relatively slow pace compared to past months due to the suspension of delivery... 2017-11-29
ICT exports rise 20.6% to $18 billion in October The Ministry of Trade, Industry and Energy announced on November 15 that exports of information and communication technology goods rose by 20.6 percent to USD 18 billion, the second highest on record, in October from a year ago. For nine consecutive months between February and October, Korea’s ICT sector posted record-high exports for ea... 2017-11-15
Fewer working days drive down automobile production, exports in October The Ministry of Trade, Industry and Energy announced on November 9 that automobile production, domestic sales and exports decreased at double-digit rates in October due to fewer working days in the month.  October this year had four fewer working days compared to a year ago because Korea celebrated the Chuseok holiday. The national holida... 2017-11-09
Korea’s exports rise by 7.1% to $45 billion in October The Ministry of Trade, Industry and Energy announced on October 1 that Korea’s exports rose by 7.1 percent to USD 45 billion in October despite fewer working days.  Exports of goods grew for the 12th consecutive month and outbound shipments of semiconductors reached the second highest on record although October this year had 4.5 few... 2017-11-01
Retail sales jump 8.4% on steep rise in online shopping in September The Ministry of Trade, Industry and Energy announced on October 29 that retail sales jumped 8.4 percent to 10.5 trillion won in September on a 22.8-percent increase in e-commerce revenues. Web-based sales, which account for about a third of the total retail sales, soared 22.8 percent from a year earlier. Last year, Korea celebrated Chuseok in ... 2017-10-29