South Korea's exports of fiber products rose in the first half year-on-year

According to the latest data released by the Korean Ministry of Knowledge Economy, South Korea's export of fiber products in the first half of the year was US$8.04 billion, an increase of 22.3% compared with the same period of last year. Through the analysis and forecast of various statistics and growth curves, South Korea's export of fiber products in the second half of the year is expected to remain at about 20%. The export value of fiber products is expected to reach 16.68 billion U.S. dollars this year, which is far higher than the forecast of 15.3 billion U.S. dollars at the beginning of the year.

According to statistics, as of June 20, South Korea's imports of fiber products this year reached 5.54 billion US dollars, an increase of about 36.1%.