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Bilateral trade of Sino-korea report of March 2013

South Korea imports and exports
 
According to the ROK, in March 2013, South Korea's total foreign trade of $ 91.586 billion, a year-on-year decrease of 0.9%. Among this, exports 47.437 billion U.S. dollars, an increase of 0.2%, imports of $ 44.149 billion, down 2.0%. The trade balance surplus of $ 3.288 billion.
 
1 to 3 months, South Korea's foreign trade amounted to $ 265.2 billion, a year-on-year decrease of 1.2%. Among this, exports of $ 135.5 billion, an increase of 0.5%, imports of $ 129.7 billion, down 3.0%. The trade balance surplus of $ 5.8 billion.
 
(A) exports
 
In March, South Korea exported $ 47.437 billion, an increase of 0.2%.
 
Export goods, chemical products, wireless communications equipment, semiconductor and petroleum products exports year-on-year growth, ships, cars for two consecutive months, exports fell.
 
Chemical products in styrene (18.7%), polypropylene (22.0%), dyes and pigments (15.2%) and other export growth driven by exports of 5.48 billion U.S. dollars, an increase of 8.9%; wireless communications equipment for seven consecutive months to maintain growth, with exports of $ 1.25 billion, an increase of 3.0%; semiconductor products, processors and controllers exports, but in the memory (11.1%), integrated circuits, semiconductors and parts (69.5%) of the export growth driven by exports amounted to $ 4.65 billion, an increase of 7%; petroleum products, ship fuel (-29.0%) exports continue to decrease, but in the light oil (9.9%), heavy oil (34.2%), driven by export growth, exports of 49.8 billion U.S. dollars, up 3.0%; the ship exports continued decreasing trend, exports of 3.21 billion U.S. dollars, down 14.4%; steel products by the steel (-25.2%), steel (-10.1%) reduction in exports affect exports was 36.2 billion U.S. dollars, down 8.1%; cars by the United States (-4.8%), China (-17.4%) exports to reduce the impact on exports of 3.68 billion U.S. dollars, down 10.5%; auto parts in the United States (13.6%), China (40.9%) driven by growth in exports under the export value of 2.25 billion U.S. dollars, an increase of 7.3%.
 
Judging from the export countries and regions, China, Southeast Asia, Latin America and other countries and regions exports rose year-on-year in the United States, the European Union, Japan, the Middle East and exports decreased.
 
Exports to China in household electrical appliances, chemical products, semiconductors, auto parts exports, driven by exports of $ 11.7 billion, an increase of 6.0%, but the decrease in exports of petroleum products, wireless communications equipment, iron and steel products; exports to the United States by car , iron and steel products, home appliances, chemical products exports affect exports of 4.98 billion U.S. dollars, down 16.1%; reduce the impact on EU exports of auto parts, petroleum products, shipbuilding, semiconductor exports of $ 3.99 billion, down 8.4%; exports to Japan most of the products are shown a declining trend, exports of 2.72 billion U.S. dollars, down 18.2%; exports to the Middle East to $ 2.82 billion, down 4.6%, Israel, Libya, Iraq, etc. national export growth, a decrease in exports to Saudi Arabia, the United Arab Emirates, Egypt, Jordan, Iran and other countries.
 
(B) imports
 
In March, South Korea imported $ 44.149 billion, down 2.0%.
 
From imported goods, the consumption of materials for seven consecutive months of imports grew year-on-year decrease of imports of raw materials and production.
 
The consumer material imports amounted to $ 4.64 billion, an increase of 0.3%. Among them, rice imports significantly increased by 226.2%, soybean (65.4%), feed (17.4%), cars (8.1%), wheat (7.4%), corn (5.7%) growth in imports, pork (-55.4%), fish (-29.3%), coffee beans (-17.8%), home appliances (-13.4%), alcohol (-11.0%), beef (-7.4%) reduction in imports. Raw material imports amounted to 27.396 billion U.S. dollars, a year-on-year decrease of 2.4%. Among them, bunker oil, natural gas imports were up 27.4%, 22.9%, crude oil (-7.3%), coal (-24.8%), rubber (-12.9%) reduction in imports. Production, imports amounted to 12.113 billion U.S. dollars, down 1.9%. Among them, semiconductor manufacturing equipment (-61.2%) the ship (-55.1%), LCD manufacturing equipment (-33.5%), wireless communication equipment (-28.8%) reduction in imports.
 
Judging from the importing countries and regions, from Japan (-9.3%), the United States (-6.3%), China (-2.4%), major countries and regions in Southeast Asia (-5.5%) reduction in imports from the EU (25.9 %), Latin America (-10.9%), Middle East (-5.8%) and other regions increased imports.
 
(C) the trade balance situation
 
In March, South Korea's foreign trade surplus of $ 3.289 billion, to maintain a surplus for 14 consecutive months. Trade surplus with the major countries and regions: the U.S. $ 1.25 billion, $ 6.04 billion in Southeast Asia, China $ 4.78 billion, $ 1.29 billion in Latin America, Eastern Europe, $ 920 million; trade deficit were the major countries and regions: the Middle East 8340000000 U.S., Japan $ 2.62 billion, $ 1.18 billion to the EU, Australia $ 760 million.
 
Bilateral import and export
 
In March, bilateral trade amounted to $ 18.625 billion, an increase of 2.7%, the Korea exports 11.704 billion U.S. dollars, an increase of 6.0%, imports from China were $ 6.921 billion, down 2.4%. The bilateral trade accounted for Korea's total foreign trade accounted for 20.3%. Korea trade balance surplus of $ 4.78 billion, an increase of 21.0%.
 
March, Korea exports year-on-year growth in home appliances (62.8%), auto parts (40.9%), chemical products (14.1%), precision machinery (6.8%), petroleum products, wireless communication equipment, iron and steel products exports, respectively, year-on-year decrease of 18.1%, 14.5% and 6.2%; the Korea imports (as of March 20) year-on-year increase of goods kiln products (58.8%) and electrical equipment (20.5%), machinery and steel products as bearings year-on-year decrease of 15.3% and 10.4% respectively.
 
January to March, China and South Korea's foreign trade amounted to $ 53.265 billion, an increase of 3.7%. Korea exports 33.518 billion U.S. dollars, an increase of 7.0%, imports from China were $ 19.747 billion, a decrease of 1.4% year-on-year, China's trade surplus of $ 13.771 billion, an increase of 21.8%.

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