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Raw materials make up half of 8-month imports.
(From The Korea Herald)
Raw materials made up about half of Korea's imports in the first eight months of the year, while capital goods topped the country's exports at 41 percent, the Korea International Trade Association said yesterday.
According to KITA, Korea exported $50 billion worth of capital goods in the cited period, amounting to 41.6 percent of total exports. Raw materials export followed with $35.2 billion, or 29.4 percent, and consumer products with $34.7 billion, or 28.9 percent.
As for consumer goods, cars, electrical home appliances and other durable goods accounted for as much as 24 percent of the country's total exports. By comparison, direct consumer goods, including food, and non-durable consumer goods made up a mere 1.3 percent and 3.2 percent of total exports, ...
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