South Korea Imports YoY
Imports into South Korea fell by 6% in 2019 to USD 503.2 billion, compared to the previous year's all-time high, while domestic output and facility investment shrank. Mineral fuels, mineral oils, and bituminous substances accounted for 25% of total imports, followed by electrical machinery and equipment (18%), nuclear reactors, boilers, machinery and mechanical (10%), optical, photographic, cinematographic, and measuring (4%), road vehicles (3%), iron and steel (3%), ores, slag, and ash (3%), organic chemicals (3%), plastics and articles thereof (2%), miscellaneous chemicals products (2%), and inorganic chemicals, compounds of precious metals (2%) are South Korea main imports. China was the largest source of imports (21% of total imports), followed by the United States (12%), Japan (9%), Saudi Arabia, Vietnam, Australia, and Germany (4% each), Taiwan, Russia, and Qatar (3%), Kuwait, Malaysia, the United Arab Emirates, and Indonesia (2% each).
A higher than expected figure should be seen as positive (bullish) for the KRW while a lower than expected figure should be seen as negative (bearish) for the KRW.
News (KRW)
South Korea Consumer Prices Fall 0.3% In November
Consumer prices in South Korea were down a seasonally adjusted 0.3 percent on month in November, Statistics Korea said on Tuesday.
RTTNews | 1 day ago
South Korea Manufacturing Sector Climbs Into Expansion Territory - S&P Global
The manufacturing sector in South Korea moved to expansion in November, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 50.6.
RTTNews | 2 days ago
South Korea Producer Prices Slip 0.1% In October
Producer prices in South Korea were down a seasonally adjusted 0.1 percent on month in October, the Bank of Korea said on Wednesday - after easing 0.2 percent in September.
RTTNews | 15 days ago
