Ministry of Trade, Industry and Energy

IT Trade Figures for January

date2013-02-08

Minister Speaks At the Partnership Summit 2013

Minister Speaks At the Partnership Summit 2013 Minister of Knowledge Economy Sukwoo HONG (third from left) spoke at the Partnership Summit 2013 on January 28 in India. Through his keynote speech, the Minister emphasized the importance of international coordination in sustaining growth with emerging economies. date2013-02-08

Trade Figures for January

The Ministry of Knowledge Economy has released its trade figures for January. he nation’s trade surplus reached $870 million. Exports posted the first doubledigit growth in 11 months, largely due to an increase in the number of working days and a low base effect from a year earlier. Korea’s major export items enjoyed stronger demand as the global economy showed signs of recovery. Exports gained 11.8 percent year on year to $46.1 billion, but the average value of total exports per day grew more slowly than the previous month. While exports of wireless communications devices and automobiles showed solid growth, outbound shipments of ships and steel continued their downward trend. Due to brisk sales of major smartphone models and a weak performance the previous year, exports of wireless communications devices jumped 32.8 percent. The nation also shipped more automobiles abroad thanks to the release of new models and more working days. However, due to weaker demand from major importers including China, Japan and the European Union, exports of steel fell 8.0 percent. Exports of ships also declined because of a prolonged slowdown in the global shipbuilding industry. date2013-02-05

Parts and Materials Industry Trade Figures for 2012

date2013-01-21

IT Trade Figures for 2012

date2013-01-11

Foreign Investment Figures for 2012

date2013-01-07

Trade Figures for 2012

date2013-01-03

Korea, China Seek Closer Investment Ties

Vice Minister for Trade and Energy Cho Seok hosted the 2012 Korea Investment Forum on December 17 in Beijing, China. Around 180 business leaders from the two nations attended the forum, which was held to strengthen investment ties in areas such as IT, displays, real estate and the gaming industry. date2013-01-03

Vice Minister Meets Japanese Business Leaders

Vice Minister for Industry and Technology Yoon Sang-Jick stands with Japanese business leaders at the Business Roundtable held in Tokyo, Japan on December 10. The Vice Minister discussed ways to boost bilateral trade and investment ties in the parts and components sector. date2012-12-20

IT Trade Figures for November

date2012-12-07