ULSAN < invest Korea

According to Yonhap News,

Ulsan branch of Korea International Trade Association said on July 7 that export business survey index(EBSI) of Ulsan is expected to continue its upward pace for the four straight quarters, exceeding the benchmark 100.

According to the survey by Ulsan branch, EBSI for the third quarter was 110.3.

The EBSI above the benchmark 100 means that more companies expect export business to be optimistic ,while the EBSI below 100 means the opposite.

By items, the EBSI of ships and petroleum products are 133.3 and 111.5, respectively. The EBSI of automobiles is 98.7.

Source Text

Source: Yonhap News (July 8, 2011)

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