Open AccessTHE REPUBLIC OF KOREA FOREIGN TRADE TRENDS
Author(s) -
Artyom Latyshov
Publication year - 2018
Publication title -
meždunarodnaâ torgovlâ i torgovaâ politika
Language(s) - English
Resource type - Journals
eISSN - 2414-4649
pISSN - 2410-7395
DOI - 10.21686/2410-7395-2018-2-104-112
Subject(s) - commodity , international trade , european union , international economics , context (archaeology) , economics , business , commerce , geography , market economy , archaeology
The article considers the foreign trade of the Republic of Korea over the past eight years in the context of the future free trade agreement between the Republic of Korea and the Eurasian Economic Union. The author traces the dynamics of exports and imports of the country during the certain period, the change in the commodity structure of exports and imports, the geography of exports and imports, the dynamics of commodity flows as a share of GDP, as well as the most exported and imported goods at the level of six signs of the Harmonized commodity description and coding system (HS). During the research period, the structure of exports and imports of the Republic of Korea has changed little: the main exported goods, as before, are high-tech equipment (floating equipment and its elements, land road transport and parts; storage devices (about 15% of all exports). Imports are dominated by energy (one fifth of total imports) and machinery and equipment (84 and 85 of the HS groups).