South Korea's exports of spare parts and raw materials increased 18.3% year-on-year

According to the “Korea Economics” online version reported on April 7, South Korea's Ministry of Knowledge Economy released data showing that in the first quarter of this year, South Korea exported 61 billion US dollars in spare parts and raw materials, an increase of 18.3%; import 41 billion US dollars, an increase of 21.1% Realize a trade surplus of 20 billion U.S. dollars.

In exports, construction machinery parts and general equipment parts increased by 36.4% year-on-year, and hot-rolled steel sheets and castings increased by 36.3%. In imports, steel products increased by 31.7% year-on-year, and chemical products increased by 27.1%.