Economic Index Trends Reflect Divergent Industry Performances in Korea
Economic index trends by domestic industry. As production performance improves, particularly in the semiconductor and auto industries, the mining industry’s production index has continued to trend well since last year. On the other hand, the production index of the service industry, which includes the accommodation and restaurant industries, showed a decline due to the reduction […]
Russia’s Withdrawal from Black Sea Grain Agreement Boosts Exports and Impacts Global Food Supply
Russia’s Withdrawal from Trade Agreement Disrupts Black Sea Grain Export, Boosts Russian Product Sales In a significant move, Russia has decided to withdraw from the international agreement that allows the export of Ukrainian grain through the Black Sea. This decision has far-reaching consequences for the world’s food supply and the intricate dynamics of global trade. […]
Medical device trade surplus of 3,859.3 billion “Corona 19 effect”
3 consecutive years of surplus, 22.2% growth in domestic medical device production 425% increase in production of COVID-19 self-test kits, 2 trillion won in production ↑ 2 manufacturers Medical device production performance and market size by year [제공=식품의약품안전처] ⓒ Uihyup Newspaper South Korea’s medical device trade surplus in 2022 exceeded $2.99 billion. In Korean currency, […]
