GWANGJU < invest Korea

According to Newsis,

Exports from Gwangju and Jeollanam-do recorded $18.63 billion in the 2nd quarter, a figure increased significantly from that of the last year.

According to 'Export Trend Data in Gwangju and Jeollanam-do for the 2nd Quarter of 2022' released by the Gwangju Customs on the 28th, July, exports from Gwangju increased by 15.4% year-on-year to $ 4.69 billion, and the figure of Jeonllnam-do was $13.37 billion, up 31.9% from the same period last year.

In Gwangju, exports of industries such as semiconductors (15.9%), automobiles (19.3%), tires (15.0%), and molds (12.2%) led the increase, while exports of home appliances (4.9%) decreased.

In Jeollanam-do, exports of petroleum products (29.7%), steel products (14.7%), ships (13.7%), and cranes (171.8%) increased, while exports of chemical products (7.8%) decreased.

By region, Gwangju's exports to China increased by 12.1%, and exports to the US (19.4%), Singapore (19.7%), Taiwan (18.0%), and Malaysia (8.6%) also increased.

In Jeollanam-do, exports to Australia (76.2%), the United States (48.5%) and Japan (6.3%) increased, while exports to China (20.9%) and Vietnam (29.4%) decreased.

** This article was translated from Korean.