GWANGJU < invest Korea

According to Yonhap News,

Gwangju and Jeonnam recorded USD 522 million in trade surplus in August.

According to export and import trend of Gwangju and Jeonnam region, exports in Gwangju and Jeonnam rose 54.4% month-on-month to USD 5.06 billion, and imports increased 36.2% to USD 4.5 billion.

Major export items include electronic goods, transportation equipment in Gwangju, and petroleum products and blasting agents in Jeonnam.

Main import items in Gwangju are electronic goods and raw material of light industry. Crude oil and iron ore are main import items in Jeonnam.

Major export markets are the US(24.3%), Southeast Asia(19%), the Middle East(10.5%) for Gwangju, and Southeast Asia(28.8%), the Middle East(28.7%), and the US(5.1%).

Major importers are Southeast Asia(51.6%), Taiwan(35%) in Gwangju, and the Middle East and Australia(11%) in Jeonnam.

Source Text

Source: Yonhap News (Sept. 27, 2011)

** This is an English translation of a Korean news article.