VIETNAM CONTINUES IN EXPORTS ARE HIGHLIGHTS OF KOREA
Report of the Ministry of Commerce, Industry and Energy of Korea said fourth day of Korean exports to Vietnam in May 3/2016 continued to increase, despite the decline in key export markets other key.
According to the report, Vietnam continues to be a growth market with the highest exports in the last month. The export turnover of Vietnam to South Korea in May 3/2016 continue up 13.5% against the same period. Following Vietnam's European Union (EU) and India with an increase of 12.7% respectively and 11.7%.
Total exports of South Korea in the last month reached 42.9 billion dollars, down 8.2% to continue over the same period last year, despite a slower rate of decline than the 12.2% in February and the trade surplus continued to rise month by the 50th consecutive decline in import speed faster than exports.
This is also the 15th consecutive month of export of the fourth largest economy in Asia is declining over the same period and the long period of decline in the history of this country. Korea's exports to China, the largest export market, continued to decline 9th consecutive month with a 12.2% decline in March, although the pace of decline has slowed compared with 21, 5% in January and 12.9% in February this year.
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