11월 수출 첫 600억 달러 돌파: 전문가 대담
South Korea’s exports in November hit an all-time excessive… reaching a milestone of 60 billion {dollars}.
This got here on the again of robust exports of chips, cosmetics and computer systems.
For extra, now we have within the studio… Professor of Economics, Shin Sang-hyup… from Kyung Hee College.
Professor Shin, thanks for becoming a member of us.
Exports have been growing for 13 straight months… regardless of the resurgence of COVID-19 around the globe.
What have been the explanations for the nice efficiency?
Watchers say, at this tempo, exports may hit a brand new report this 12 months.
And the Federation of Korean Industries forecasts… that South Korea may probably be part of the small group of nations with annual exports of over 700 billion {dollars}… inside three years.
What’s your forecast?
However nonetheless, are there any considerations? Will the Omicron variant, provide bottlenecks, or the U.S.-China rivalry add uncertainties to world commerce?
China nonetheless is Korea’s largest market.
However a latest report by the Federation of Korean Industries exhibits… South Korea’s exports to the U.S. are growing at a speedy tempo… whereas these to China have seen comparatively sluggish development.
Why is that?
Korea Customs Service unveiled this week… that small and medium-sized companies have posted their highest exports… at over 105-billion {dollars}, breaking the 2018 report.
What was the driving pressure behind that?
Professor Shin Sang-hyup… from Kyung Hee College. Thanks to your insights.
#SouthKorea #economic system #exports
2021-12-02, 19:00 (KST)
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