Monthly trade infographics
Batteries
Korea’s EcoPro invests $11 mn in Indonesian nickel smelter
Mar 25, 2024 (Gmt+09:00)
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Electronics
Samsung Display surrenders foldable screen throne to BOE
Chinese smartphone manufacturers’ aggressive push for foldable models has threatened the dominance of Samsung Electronics Co., the world’...
Mar 15, 2024 (Gmt+09:00)
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Steel
Korean steelmakers to raise prices further
South Korea’s top steelmaker POSCO Holdings Inc. and its domestic peers are poised to raise product prices further to cut losses amid surging c...
Feb 05, 2024 (Gmt+09:00)
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Central bank
South Korean central bank not to increase gold reserves
South Korea’s central bank does not plan to buy more gold for its foreign exchange reserves, although the monetary authority has not purchased ...
Jan 19, 2024 (Gmt+09:00)
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Economy
Semiconductors power Korea’s tech exports to 15-month high
South Korea’s tech products exports rose for a second straight month to a 15-month high in December 2023 as overseas sales of semiconductors en...
Jan 16, 2024 (Gmt+09:00)
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Regulations
South Korea Ban Takes Dog Meat Off the Menu
SEOUL—Dog meat will no longer be allowed in South Korea, capping a decadeslong campaign against a controversial practice that many locals have ...
Jan 10, 2024 (Gmt+09:00)
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Central bank
Gov Rhee Chang-yong turning BOK into dynamic central bank
Bank of Korea (BOK) Governor Rhee Chang-yong has transformed the central bank into a dynamic monetary authority by cooperating with not only overseas...
Dec 24, 2023 (Gmt+09:00)
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Foreign exchange
Korea, Indonesia to facilitate bilateral trade in won, rupiah
The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from next year as the elect...
Dec 11, 2023 (Gmt+09:00)
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Economy
Semiconductors likely to lead Korea’s export growth for 2nd month
South Korea’s semiconductor exports accelerated their recovery in the first 20 days of November, data showed on Tuesday, adding to hopes that A...
Nov 21, 2023 (Gmt+09:00)
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Economy
Korea exports snap year-long slide as chips regain momentum
South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain ...
Nov 01, 2023 (Gmt+09:00)
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Economy
Korean Sept export drop eases as chip sales hit 1-year high
South Korea’s exports slowed their decline in September to their mildest drop amid a yearlong downturn, raising hopes for a recovery in Asia&rs...
Oct 02, 2023 (Gmt+09:00)
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Banking & Finance
Korean Hana ties up with Saudi EXIM Bank for Middle East biz
Hana Financial Group, South Korea’s third-largest financial holding company, joined hands with the Saudi Export-Import Bank to expand its marke...
Sep 27, 2023 (Gmt+09:00)
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Corporate strategy
Korea Inc. to focus more on India, Vietnam as biz partners
South Korean companies are set to concentrate more on business with emerging markets including India and Vietnam than Asian major countries such as C...
Sep 08, 2023 (Gmt+09:00)
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Economy
Korea sales set to China to fall for 15th straight mth on property crisis
South Korea’s exports to China are poised to slide for a 15th straight month with an expected deeper drop in August amid a faltering economic r...
Aug 21, 2023 (Gmt+09:00)
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Economy
Korea exports down the most in 3 years; BOK may keep rates
South Korea’s exports declined at their steepest pace in more than three years last month, data showed on Tuesday, adding to expectations that ...
Aug 01, 2023 (Gmt+09:00)
1 Min read -
Economy
Korea inflation at 21-month low; BOK may end rate hikes
South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not r...
Jul 04, 2023 (Gmt+09:00)
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Logistics
S.Korea opens logistics center at Surabaya port, Indonesia
South Korea said it opened a logistics center at a port in Surabaya, Indonesia, to support exports to Southeast Asia’s top economy.The Ministry...
Jun 01, 2023 (Gmt+09:00)
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Foreign exchange
Korean won near 5-month low despite weak dollar; outlook dark
The South Korean won fell to the weakest level in almost five months, underperforming other currencies despite a softer dollar, as sluggish fundament...
Apr 21, 2023 (Gmt+09:00)
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Foreign exchange
S.Korea-Indonesia central banks renew currency swap agreement
Central banks of South Korea and Indonesia renewed a bilateral local currency swap arrangement to keep supporting trade and financial cooperation for...
Mar 06, 2023 (Gmt+09:00)
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Economy
S.Korea likely to suffer recession as Jan exports tumble
South Korea is likely to head for a recession for the first time in three years as exports of Asia’s fourth-largest economy in January dropped ...
Feb 01, 2023 (Gmt+09:00)
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Foreign exchange
Korea’s mounting trade deficit knocks won to 13-year low
South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while growing concerns over t...
Aug 22, 2022 (Gmt+09:00)
4 Min read -
Economy
Korea sees record H1 trade deficit, weak consumer sentiment
South Korea suffered the largest trade deficit for the first half of a year on surging energy prices and slowing exports, while consumer sentiment in...
Jul 01, 2022 (Gmt+09:00)
5 Min readlanguage -
War in Ukraine
Korea to open temporary settlement lines for trade with Russia
South Korea plans to open temporary settlement lines between domestic banks and their units in Russia in order to help companies hit by multinational...
Mar 18, 2022 (Gmt+09:00)
1 Min readlanguage -
War in Ukraine
S.Korea to support firms to offset damage of Ukraine crisis
South Korea is set to provide financial support of up to $1.7 billion to exporters in a move to minimize the impact of the escalating crisis in Ukrai...
Feb 25, 2022 (Gmt+09:00)
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Monthly trade infographics
Plastics drive Korea's highest-ever exports in 2021
Plastics rise as Korean SMEs’ main export Many Korean small and medium enterprises performed exceptionally amid the economic recovery in 2021, ...
Jan 24, 2022 (Gmt+09:00)
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Economy
Korea 2021 exports hit record on strong sales of key products
South Korea’s exports last year hit a record on strong sales of key products such as semiconductors, automobiles and petrochemicals.Exports sur...
Jan 02, 2022 (Gmt+09:00)
2 Min readlanguage -
Economy
Korea exports hit record to top $640 bn in 2021
South Korea’s exports have reached an all-time high thanks to strong overseas demand for key products such as semiconductors amid the global ec...
Dec 14, 2021 (Gmt+09:00)
4 Min readlanguage -
Monthly trade infographics
Kimchi on track for first trade surplus in 12 years
Kimchi exports hit record high Kimchi, Korea’s traditional fermented food, is raising its status in the global food market. Korea exported $136...
Dec 09, 2021 (Gmt+09:00)
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Korean chipmakers
US sees security risks from SK Hynix capex plan in China
The United States expected SK Hynix Inc.’s capital expenditures plan in China to pose a threat to national security, Washington’s top tra...
Nov 23, 2021 (Gmt+09:00)
2 Min readlanguage -
Monthly trade infographics
S.Korea's IP trade balance swings to black in H1 2021
Success of Korean films on OTT platforms South Korea posted a surplus in its intellectual property rights trade balance in the first half of 2021. Th...
Nov 10, 2021 (Gmt+09:00)
2 Min read
Hidden Champions
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T-Robotics
Published: Mar 25, 2021
Last updated: Jan 30, 2023
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Buhmwoo Group
Published: Apr 21, 2021
Last updated: Jan 30, 2023
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Point Mobile
Published: Sep 14, 2021
Last updated: May 10, 2022
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DCM
Published: Dec 09, 2022
Last updated: Jan 30, 2023
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3G Technologies
Published: Sep 25, 2020
Last updated: Jul 06, 2021
Future Unicorns
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