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Human Centered! Korea Trade!

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Human Centered! Korea Trade!

 

-The 54th Trade Day Ceremony, 1,153 companies will award Export Tower and 680 men

of merit in export will receive prize and commendation 

 

 While the exports are expect to reach the highest growth rate in six years since 2011 and to mark the highest record ever, Export Tower Award will be presented and compensation for men of merit will be given in order to appreciate the exporters and the men of merit who had devoted themselves to increase Korea’s export growth upon the 54th Trade Day. 

 

 A total of 680 men of merit will receive government awards and commendation and the Awards of President of the Korea International Trade Association for their achievement to lead the global market development and trade promotion. 

 

In addition, a total of 1,153 companies will receive Export Tower.

 

This year, Korea's exports have significantly improved mainly from major items such as semiconductors, displays, and petrochemicals getting away from export stagnation of the last two years. It is expected that Korea will recover its position as a global trading power by achieving trade volume of 1 trillion dollars in three years since 2014 and restoring its place as the world's sixth largest exporter in two years.

               <Korea top 10 trading posts in 2017>

 

Records

Note

1. Exports of $575 billion

The highest

2. Semiconductor exports exceeded

$90 billion

First time as a single item

3. Exports of venture companies surpass

$20 billion

First time

4. World export market share 3.33%

First time

5. Achieved quarterly export of $151 billion

First time

6. Recovered trade volume of $1 trillion

First time in 3 years

7. Return to sixth place in world exports

Second time since the first in 2015

8. Export growth rate reached 18.5%

The highest in 6 years

9. The trade share of US and China

decreased to 35.8%

The lowest in 5 years 

10. Exports contribution in economic 

   growth 78.5%

  Volume growth rate 6.2%

The highest in 5 years

The heist in 6 years

 

 

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