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Industry
Sales Trend of Major Distributors for December 2013
Non-Food Sectors ○ Electronics & Culture - Year-on-Year : -3.3 - Month-on-Month : 10.7 ○ Apparel - Year-on-Year : -10.3 - Month-on-Month : -4.7 ○ Living - Year-on-Year : -5.2 - Month-on-Month : 2.8 ○ Sports - Year-on-Year : -3.7 - Month-on-Month : 2.5 ○ General Merchandise - Year-on-Year : -11.3 - Month-on-Month : 14.4 ○ Sub Total - Year-on-Year : -6.2 - Month-on-Month : 4.2 ○ Foods - Year-on-Year : -4.8 - Month-on-Month : 10.0 ○ Total - Year-on-Year : -5.7 - Month-on-Month : 8.3 Non-Food Sectors ○ General Merchandise - Year-on-Year : -3.2 - Month-on-Month : 11.5 ○ Ladies’ Formal Wear - Year-on-Year : -5.8 - Month-on-Month : -8.5 ○ Women’s Casual Wear - Year-on-Year : -2.9 - Month-on-Month : -8.7 ○ Men’s Wear - Year-on-Year : -5.7 - Month-on-Month : -8.7 ○ Children & Sports - Year-on-Year : 3.9 - Month-on-Month : -14.1 ○ Living - Year-on-Year : 2.2 - Month-on-Month : -13.8 ○ Global Brands - Year-on-Year : 8.7 - Month-on-Month : 9.5 ○ Sub Total - Year-on-Year : -0.6 - Month-on-Month : -4.1 ○ Foods - Year-on-Year : 1.1 - Month-on-Month : 12.0 ○ Total - Year-on-Year : -0.3 - Month-on-Month : -0.1 Non-Food Sectors ○ Living - Year-on-Year : 4.8 - Month-on-Month : -8.4 ○ General Merchandise - Year-on-Year : 2.1 - Month-on-Month : 10.0 ○ Tobacco, etc. - Year-on-Year : 7.3 - Month-on-Month : 0.9 ○ Sub Total - Year-on-Year : 6.6 - Month-on-Month : 0.9 Foods ○ Beverages and Processed Goods - Year-on-Year : 12.2 - Month-on-Month : -4.3 ○ Instant foods (including some perishable goods) - Year-on-Year : 12.0 - Month-on-Month : -3.2 ○ Sub Total - Year-on-Year : 12.2 - Month-on-Month : -4.1 ○ Total - Year-on-Year : 9.6 - Month-on-Month : -1.9 The revenues of all items of the so-called Super Supermarkets, or SSM, operated by large retailers, including foods, declined date2014-01-23
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Industry
2013 Car Industry Trends
○ 2011 - Production : 4,657,094 - Export : 3,151,708 - Amount (USD 0.1 billion) : 453.1 - Domestic Sales : 1,579,674 - Cars Made in Korea : 1,474,637 - Imported Cars : 105,037 ○ 2011 Rate of Change - Production : 9.0 - Export : 13.7 - Amount (USD 0.1 billion) : 28.0 - Domestic Sales : 1.5 - Cars Made in Korea : 0.6 - Imported Cars : 16.0 ○ 2012 - Production : 4,561,766 - Export : 3,170,634 - Amount (USD 0.1 billion) : 472.0 - Domestic Sales : 1,541,715 - Cars Made in Korea : 1,410,857 - Imported Cars : 130,858 ○ 2012 Rate of Change - Production : -2.0 - Export : 0.6 - Amount (USD 0.1 billion) : 4.2 - Domestic Sales : -2.4 - Cars Made in Korea : -4.3 - Imported Cars : 24.6 ○ 2013 (Preliminary) - Production : 4,521,638 - Export : 3,086,394 - Amount (USD 0.1 billion) : 486.5 - Domestic Sales : 1,537,590 - Cars Made in Korea : 1,381,091 - Imported Cars : 156,497 ○ 2013 (Preliminary) Rate of Change - Production : -0.9 - Export : -2.7 - Amount (USD 0.1 billion) : 3.1 - Domestic Sales : -0.3 - Cars Made in Korea : -2.1 - Imported Cars : 19.6 * Source: Korea Automobiles Manufacturers Association and Korea Automobile Importers and Distributers Association The export volume for 2013 was 3,086,394 units, a year-on-year decrease of 2.7%, and recorded a decline for the first time in four years since 2009 due to the high won and low yen trend, expanded global uncertainties and supply problems of major manufacturers. Nevertheless, the export amount of finished cars (based on MTI 741) reached a record-high level of USD 48.7 billion with a year-on-year increase of 3.1%, thanks to growth in the market share of large passenger vehicles and RVs. By region, exports of Korean cars were robust in the US market, which has shown a stable economic recovery, and grew in the EU and in Asia, reflecting the economic growth. However, exports declined in Latin America and Eastern Europe due to expanding local production. In China, which accounts for half of all exports to Asia, exports grew by 13.2%, prompted by growing demand caused by the urbanization of inland regions. ○ 2010 - Total : 2,772 - North America : 678 - US : 511 - EU : 298 - Eastern Europe : 241 - Middle East : 587 - Latin America : 447 - Africa : 172 - Pacific : 180 - Asia : 169 - China : 88 ○ 2010 Change - Total : 29.0 - North America : 11.4 - US : 13.7 - EU : -1.3 - Eastern Europe : 144.9 - Middle East : 39.8 - Latin America : 57.3 - Africa : -1.2 - Pacific : 22.2 - Asia : 48.2 - China : 74.2 ○ 2011 - Total : 3,152 - North America : 771 - US : 588 - EU : 426 - Eastern Europe : 268 - Middle East : 626 - Latin America : 495 - Africa : 180 - Pacific : 161 - Asia : 225 - China : 129 ○ 2011 Change - Total : 13.7 - North America : 13.7 - US : 15.1 - EU : 42.8 - Eastern Europe : 11.0 - Middle East : 6.7 - Latin America : 10.9 - Africa : 5.0 - Pacific : -11.0 - Asia : 32.6 - China : 45.7 ○ 2012 - Total : 3,171 - North America : 905 - US : 694 - EU : 398 - Eastern Europe : 284 - Middle East : 614 - Latin America : 433 - Africa : 1 date2014-01-15
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Industry
Car Sales Figures for August
Car Sales Figures for August Car Sales Figures for August The Ministry of Trade, Industry and Energy has released its car sales figures for August. The nation’s car production rose 44.3 percent year on year to 342,624 vehicles due to a low base effect. As consumer confidence improved, the number of vehicles sold on the domestic market climbed 29.4 percent to 125,044 vehicles. Led by strong marketing efforts and the introduction of new models, sales of domestic cars surged 29.0 percent. Th date2013-09-12
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Industry
Retail Sales Figures for July
○ Percentage of Total Sales - Household appliances and cultural goods : 12.7% - Apparel : 7.4% - Household goods : 18.9% - Sporting goods : 4.7% - General goods : 4.4% - Food : 52.0% ○ Growth Rate - Household appliances and cultural goods : -1.2% - Apparel : -8.8% - Household goods : -4.3% - Sporting goods : -6.8% - General goods : -7.0% - Food : -4.6% ○ Percentage of Total Sales - General goods : 21.3% - Women’s suits : 8.7% - Women’s casual wear : 12.6% - Men’s clothing : 6.8% - Children’s goods and sporting goods : 13.0% - Household goods : 10.4% - Luxury goods : 11.9% - Food : 15.3% ○ Growth Rate - General goods : -3.8% - Women’s suits : -4.8% - Women’s casual wear : -2.4% - Men’s clothing : -7.8% - Children’s goods and sporting goods : -0.7% - Household goods : 4.2% - Luxury goods : 1.4% - Food : 5.9% ○ Percentage of Total Sales - Household goods : 3.8% - General goods : 3.4% - Others : 37.2% - Food : 55.6% ○ Growth Rate - Household goods : 13.0% - General goods : -0.1% - Others : 7.7% - Food : 8.9% - Others include tobacco products. Sales Performance of Major Super Supermarket (SSM) Chains ○ Percentage of Total Sales - Daily necessities : 9.7% - General goods : 4.7% - Food : 85.6% ○ Growth Rate - Daily necessities : -2.7% - General goods : -9.7% - Food : -3.6% - Daily necessities include detergent, toothpaste, cosmetics and feminine products. date2013-08-22
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Industry
Car Sales Figures for July
Car Sales Figures for July The Ministry of Trade, Industry and Energy has released its car sales figures for July. The nation’s car production declined 6.1 percent year on year to 334,139 vehicles due to partial strikes of auto workers. However the number of vehicles sold on the domestic market rose 5.8 percent to 140,642 vehicles thanks to the introduction of new models by domestic auto makers and brisk sales of imported cars. Even amid unfavorable economic conditions, new models and str date2013-08-12
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Industry
Retail Sales Figures for June
○ Percentage of Total Sales - Household appliances and cultural goods : 12.2% - Apparel : 8.2% - Household goods : 19.1% - Sporting goods : 4.5% - General goods : 4.6% - Food : 51.4% ○ Growth Rate - Household appliances and cultural goods : 20.6% - Apparel : 4.4% - Household goods : 4.2% - Sporting goods : 5.2% - General goods : 7.2% - Food : -0.2% ○ Percentage of Total Sales - General goods : 20.2% - Women’s suits : 9.3% - Women’s casual wear : 12.9% - Men’s clothing : 8.9% - Children’s goods and sporting goods : 14.1% - Household goods : 9.6% - Luxury goods : 12.6% - Food : 12.4% ○ Growth Rate - General goods : 1.1% - Women’s suits : -3.1% - Women’s casual wear : 3.2% - Men’s clothing : 0.0% - Children’s goods and sporting goods : 4.1% - Household goods : 15.7% - Luxury goods : 5.4% - Food : 4.6% ○ Percentage of Total Sales - Household goods : 3.4% - General goods : 3.3% - Others : 36.6% - Food : 56.8% ○ Growth Rate - Household goods : 11.5% - General goods : -0.1% - Others : 7.6% - Food : 10.8% Sales Performance of Major Super Supermarket (SSM) Chains ○ Percentage of Total Sales - Daily necessities : 9.3% - General goods : 4.9% - Food : 85.8% ○ Growth Rate - Daily necessities : -2.3% - General goods : -4.9% - Food : -2.5% - Daily necessities include detergent, toothpaste, cosmetics and feminine products. date2013-07-25
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Industry
MOTIE Kickstarts Nano Korea 2013
date2013-07-19
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Industry
Car Sales Figures for First Half of 2013
The Ministry of Trade, Industry and Energy has released its car sales figures for the first half of 2013. The nation’s car production fell 4.3 percent to 2,279,790 vehicles mainly due to reduced working hours. Exports for the first six months declined 6.7 percent to 1,587,273 vehicles, with rising overseas production and a weaker Japanese yen as contributing factors. While exports to the United States continued to show modest growth on the back of market recovery, Korea sent fewer cars t date2013-07-11
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Industry
Retail Sales Figures for May
date2013-06-20
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Industry
MOTIE Releases Car Sales Figures for May
The Ministry of Trade, Industry and Energy has released its car sales figures for May. The nation’s car production fell 0.9 percent year on year to 385,371 vehicles due to reduced working hours. The number of vehicles sold on the domestic market continued to grow thanks to the introduction of new models by domestic auto makers. Sales of imported cars posted the highest-ever monthly performance on the back of healthy sales growth for German and Japanese brands. With domestic cars’ i date2013-06-13