Home / Knowledge / News / Textiles / South Korean textile exports decline 0.8% in H1 2013
South Korean textile exports decline 0.8% in H1 2013
19
Jul '13
South Korea exported textiles worth US$ 2.5 billion in the first six months of the current year, showing a fall of 0.8 percent compared to exports made during the corresponding period of last year, according to the data released by the Ministry of Trade, Industry and Energy (MOTIE).
 
From January to June 2013, South Korea imported textiles worth US$ 1.5 billion, registering an increase of 1.5 percent over imports made during the same period of last year.
 
Thus, South Korea’s overall textile trade balance stood positive at US$ 1 billion during the six-month period.
 
According to MOETI’s materials and parts industry trade figures for the first half of 2013, Korea enjoyed US$ 48.3 billion trade surplus in that sector, posting its best ever six-month performance.
 
Although textile exports showed a decline during January-June 2013, the overall exports in parts and materials industry rose 5.2 percent year-on-year.
 
In 2012, South Korea achieved textile trade surplus of US$ 2 billion. The country earned US$ 4.9 billion in exports, while it imported textiles worth US$ 2.9 billion.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X