The volume of South Korean exports increased by 13% over the past decade. A report by the Federation of Korean Industries said that the value of exports grew from $559.6 billion in 2013 to $632.2 billion in 2023. The data also indicated that South Korea's share of the global export market decreased by 0.3 percentage points, from 3% to 2.7%. During this period, South Korea experienced fluctuations in its exports but maintained its role as one of the world's largest exporting countries. Exports accounted for about 38% of South Korea's Gross Domestic Product (GDP) during this time, highlighting the importance of the external sector to the country's economy. Source: Qatar News Agency
Related Articles
QSE Index Rises 0.33% at Start of Trading
Doha: The general index of Qatar Stock Exchange (QSE) rose 33.39 points, or 0.33%, at the beginning of trading on Wednesday, reaching 10,039 points, compared to yesterday’s closing.
Figures from Qatar Stock Exchange showed a positive performance in T…
Japan’s central bank raise interest rate to 0.25 pct.
Japan’s central bank on Wednesday raised its policy interest rate to around 0.25 percent from the previous range of around zero to 0.1 percent, and outlined a plan to taper its bond-buying program.
At a two-day policy meeting, Bank of Japan’s (BOJ) G…
Qatar Participates in General Session of IDB Governors
The State of Qatar’s delegation participated in the plenary session of the 49th annual meeting of the Board of Governors of the Islamic Development Bank (IDB), held in Riyadh, Kingdom of Saudi Arabia.
The delegation was headed by HE Minister of Finan…