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    Korean Textile Industry Is Gradually Getting Rid Of Garment Oriented Product Development.

    2011/11/29 10:25:00 10

    Korean Textile Products Development

    The Republic of Korea

    Trade Association

    Recently, the export of Korean textile industry this year

    Expect

    The scale of US $15 billion 900 million is expected to achieve the best performance since 2001.


    At present, the Korean textile industry is gradually getting rid of the development of clothing based products, with the "industrial fiber" as the driving force for the growth of new industries, readjusting the industrial structure and revitalize the textile industry again.

    The Federation of Korean fiber industries said that if the ROK free trade agreement came into force, the average textile tax would be reduced by 13.1% (up to 32%), and the competitiveness of Korea's domestic products would be greatly improved, and exports to the United States would also increase.


    The Federation of Korean fiber industry also said that the Korean textile industry will generate 480 billion won economy every year in the next 15 years, thanks to the increase of exports and the increase of output value.

    benefit

    And new investment and high

    added value

    The development of products will create more jobs in Korea.


    Based on this, the Federation of Korean fiber industry will release its future development goals, and the export scale will grow to 21 billion US dollars in 2020 and become the fourth largest textile power country in the world.

    The entire industry will increase the proportion of new fibers from 25% to 60% by improving technical standards.


     
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