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[Video] Korea’s exports rise 3.6% year-on-year for September

Korea’s exports have risen 3.6% year-on-year for September so far, marking the first time since March that exports have increased over a 20-day period.

Overseas demand for automobiles, memory chips and semiconductors contributed to the ₩1.2 trillion or A$1.4 billion year-on-year increase in export value between September 1-20. For example, automobile shipments increased by 38.8% year-on-year.

This news follows the OECD Economic Outlook (September) forecasting that Korea will rank second for economic growth for 2020 out of its 37 member countries.

Click here to watch the video.

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Australia Korea Business Council
PO Box 24430
Melbourne, Vic 3001 Australia
Liz Griffin – Executive Director
info@akbc.com.au

The Australia-Korea Business Council is the leading national body committed to strengthening the Australia-Korea economic relationship.