GWANGJU < invest Korea

According to Yonhap News,

In July of this year, exports from the Gwangju and Jeonnam regions increased compared to last year, resulting in a trade surplus of USD 1.468 billion.

According to the import and export trends announced by the Gwangju Customs Office on August 18th, exports from Gwangju and Jeonnam in July amounted to USD 5.17 billion, a 10.2% increase compared to the same month last year, while imports totaled USD 3.72 billion, a 10.2% decrease.

By region, Gwangju's exports in July were USD 1.61 billion, a 16.3% increase from the same month last year, while imports increased by 15.9% to USD 692 million, resulting in a trade surplus of USD 918 million.

Exports of transportation equipment (8.0%), semiconductors (77.2%), and machinery (7.1%) increased, while exports of home appliances (42.4%) and tires (43.8%) decreased.

Imports of semiconductors (13.3%), machinery (24.6%), and home appliances (29.6%) increased, while imports of rubber (40.1%) and chemicals (24.9%) decreased.

In Jeonnam, exports in July increased by 7.7% to USD 3.56 billion, and imports decreased by 14.7% to USD 3.01 billion, resulting in a trade surplus of USD 550 million. Exports of steel products (4.5%), transportation equipment (3952.5%), and machinery (45.0%) increased, while exports of petroleum products (2.9%) and chemicals (3.2%) decreased.

Imports of crude oil (18.1%), iron ore (30.7%), petroleum products (27.1%), coal (12.3%), and chemicals (8.4%) all decreased.

areum@yna.co.kr

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Source: Yonhap News (August 18, 2025)