CHUNGCHEONGBUK-DO < invest Korea

According to Yonhap News,

(CHEONGJU=Yonhap News) Companies in Chungbuk-do Province showed a trade surplus of USD 1.415 billion last month, accounting for 20.6 percent of the country's total surplus of USD 6.8 billion.

According to Cheongju Customs, the export amount of Chungbuk companies was USD 1.962 billion and import amount was USD 547 million.

The export volume rose by 12.7 percent from the same month last year.

The export of semiconductors accounted for 46 percent (USD 930 million), followed by electric & electronics accounting for 14.1 percent (USD 277 million), chemicals accounting for 13.1 percent (USD 257 million), precision machinery accounting for 7 percent (USD 137 million), and general machinery accounting for 3.9 percent (USD 76 million).

The import amount also rose by 0.9 percent year-on-year.

The import of semiconductors was the biggest accounting for 10 percent USD 60 million), followed by direct consumer goods accounting for 6.1 percent (USD 34 million), other resins and other organic compound each accounting for 6.1 percent (USD 33 million), and machinery accounting for 3.9 percent (USD 21 million).

The main trade partners of Chungbuk Province are Hong Kong, China, EU, Taiwan, Japan and the United States.

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Source Text

** This article was translated from Korean.

Source: Yonhap News (September 17, 2018)ㄴ