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SEOUL, Dec 1 Asia Pulse - South Korea's exports are expected to grow 10.3 per cent in 2009, largely due to a steady increase in shipments of machinery and steel products, a report showed Sunday.
According to a report by the Korea Trade-Investment Promotion Agency, or KOTRA, the nation's exports are forecast to reach US$490.6 billion next year, compared with this year's estimated $446 billion.
The agency said that exports to China, the country's biggest overseas market, will gain 16.5 per cent next year. Exports to the Middle East are also expected to post a steady increase on rising demand for machinery and ...