Textile Exports In South Korea Declined In October 2014

Here world Clothing and shoes Xiaobian of the network to introduce the Korean textile exports in October recession 2.3%.

The Ministry of industry and Commerce resources of Korea announced the "import and export trend of October" (provisional value in from October 1st to 31st). The export volume of South Korea in October this year was about $51 billion 755 million, an increase of 2.5% compared with the same period (2013), and the import amount was about 44 billion 256 million US dollars, representing a decrease of 3% compared with the same month last year, 2014. Trade The surplus was about $7 billion 499 million, a record of a 33 month consecutive surplus.

In October this year, the 13 major export items (provisional value in from October 1st to 31st) increased 35.1%, 15.3%, 12.2%, 7.7%, 6.2%, 4.3% and 2% respectively for ships, computers, semiconductors, iron and steel products, petrochemicals, petroleum products and general machinery.

Auto parts, textiles, liquid crystal display devices, automobiles, wireless communication machines and household appliances declined 0.5%, 2.3%, 3.1%, 13.9%, 16.3% and 22.9% respectively.

Major export areas (Statistics in from October 1st to 20th): 33.4% growth in the US, 13.6% in exports to the Middle East, 13.3% in growth in central and South America, 5.3% in Oceania, 4.1% in mainland China, 1.3% in exports to ASEAN, 7.1% in Japan and 27.7% in the European Union.

South Korea's Ministry of industry and Commerce Resources said that South Korea's exports in October this year were at a record high due to the improvement in exports of the largest exports to mainland China and the United States, and the increase in exports of most of its major exports.

In spite of the declining manufacturing days in November, the slowdown in Europe and Japan and the instability of the situation in Ukraine, if the current trend is sustained, the trade volume will be expected to break through $1 trillion this year by the end of November, and trade volume for the whole year and Exit It should not be difficult to record a record high.