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S. Korea Likely to Hit Record High Share in Global Exports This Year

Written: 2017-11-12 13:50:17Updated: 2017-11-12 14:13:53

S. Korea Likely to Hit Record High Share in Global Exports This Year

South Korea is expected to take up a record high share in global exports this year.

The Institute for International Trade, a research center of the Korea International Trade Association, said on Sunday in its report that Korean exports accounted for three-point-33 percent of global exports in the first half of this year.

The report said that this year, South Korea is on track to exceed the existing record ratio of three-point-19 percent, set in 2015.

The nation's share in global exports marked around two-point-five percent in the early 2000s and steadily increased since.

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