Korea′s export dependence on China surpasses 23% for first time   한국교역 중국 의존도 심화

Korea′s export dependence on China surpasses 23% for first time 한국교역 중국 의존도 심화


Korea′s reliance on China for trade has
hit a record high. Data from Statistics Korea and the trade ministry
show China took 23-point-two percent of Korea′s imports and exports in the first
three quarters of the year. That′s up one-point-eight percentage
points from the same period last year. The accumulated value of exports through September
this year was even higher… at 25-point-seven percent.
However,… experts say the figures are more reflective of Korea′s falling exports
to other major trade partners like Japan and the European Union than increased shipments
to China.

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