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

Pic: Shutterstock

Apparel/Garments | On 26th Oct 2020

25% Bangla garment manufacturing to be automated by 2023

A quarter of garment manufacturing activities in Bangladesh will be...

Pic: Shutterstock

Textiles | On 26th Oct 2020

BCI to cease all field-level activities in China's XUAR

Sustained allegations of forced labour and other human rights abuses...

Pic: Burberry

Information Technology | On 26th Oct 2020

Burberry launches gaming technology for fashion design

Burberry, and digital production agency, Koffeecup have joined hands...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

Siddharth Biyani, Mangalam Industries Pvt Ltd

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Textile industry, Head honchos

Textile industry
Head honchos

Relaxation in FDI norms will support growth of retail sector

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

Emmi Berlin,

Emmi Berlin

With the support of the first investors - Finland's Technical Research...

Devendra Gupta,

Devendra Gupta

Reforce, a start-up based in Gurgaon, aims to revolutionise the fitness...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Robert Brunner, Devereux

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


October 2020

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


Advanced Search