South Korea Exports News - Latest Updates & Headlines
S. Korea's steel exports to US shrink 19 pc in March on Trump tariffs
Seoul, April 18: South Korea's exports of steel products to the United States declined nearly 19 percent from a year earlier in March, data showed on Friday, a possible outcome of heavy tariffs imposed by the Donald Trump administration on all steel imports starting last month.
Won-based export settlements drop in 2024: BOK
Seoul, April 14: The proportion of South Korean exports settled in the local currency declined in 2024 due mainly to relatively weak growth in auto exports, central bank data showed on Monday.
South Korea's exports rise 3.1 pc to $58.3 billion in March
Seoul, April 1: South Korea's exports gained 3.1 percent from a year earlier in March, marking a second consecutive month of increase, driven by robust demand for semiconductors and other information technology (IT) products, data showed on Tuesday.
Steelmakers vow to work with S. Korean govt to respond to US tariffs
Seoul, March 7: South Korean steel companies said on Friday they will closely cooperate with the government and related agencies to minimise the impact of planned U.S. tariffs on all steel and aluminum imports from next week.
South Korea's exports rebound to $52.6 bn in Feb on automobiles, computers
Seoul, March 1: South Korea's exports increased 1 per cent last month from a year earlier, rebounding from a decrease the previous month, thanks to an increase in overseas sales of computers and automobiles, data showed on Saturday.
Electric energy conference kicks off in Seoul to showcase advanced tech
Seoul, Feb 12: A conference on electric energy kicked off in Seoul on Wednesday to showcase cutting-edge electric power technologies of local and foreign companies, the industry ministry said.
South Korea in close talks with local industries for response to US steel tariffs
Seoul, Feb 11: South Korea's industry ministry said on Tuesday it is closely communicating with local businesses and industry leaders to devise ways to minimize the impact from new U.S. tariffs on steel and aluminium imports that will inevitably affect local manufacturers and exporters.
South Korea to expand export financing support amid Trump uncertainties
Seoul, Jan 20: The government here on Monday announced plans to provide extensive financial support to bolster exports this year, as uncertainties in the global trade environment are expected to intensify with the inauguration of US President-elect Donald Trump.
South Korea to set up export strategies for all possible scenarios under Trump
South Korea, Jan 14: South Korea will set up tailored strategies for different scenarios in the wake of potential changes in the US trade policy following the inauguration of President-elect Donald Trump next week, the industry ministry said on Tuesday.
South Korea's cosmetics exports surpass $10 billion in 2024
Seoul, Jan 6: Amid the growing popularity, South Korea's exports of cosmetic products exceeded $10 billion last year, marking a significant milestone for the K-beauty industry, government data showed on Monday.