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As of 2019, 69 products were surveyed in Korea, which ranked first in the global export market.
The world ranking was also ranked 11th, up two places from the previous year. This is the highest ranking since 2002, when the world’s No. 1 item survey was started.
According to the report, “The Status of Korea’s Export Competitiveness as the No. 1 Item in the World’s Export Market (as of 2019),” released by the Institute for International Trade and Trade of the Korea International Trade Association on the 7th, the number of Korea’s world’s No. . There were 16 items that newly entered the No. 1 export item and nine items were pushed out of the No. 1 item.
By item, chemical products (27 items) and steel and non-ferrous metals (18 items) accounted for 65.2% of the total. Next, leather, rubber, shoes, travel goods, and textile products were each 5, electronic machinery 4, mineral products and non-electronic machinery 3 respectively, agricultural products, aquatic products, transport machinery, and wood, pulp, paper, and furniture 1 each. Each one.
The 16 items that newly entered the No. 1 item included many products with a large export scale. Solid state drive (SSD, $4.71 billion), a data storage device using semiconductors, metal oxide salts ($1.96 billion), chemical products, and hot-rolled products ($1.63 billion), which are steel and non-ferrous metals, etc. to be. In particular, SSDs surpassed USD 10 billion in exports for the first time in 2020, and are positioned as the next generation export engine in Korea. As of 2019, the country with the largest number of items in the world’s export market was China (1759), ranking first for the fifth consecutive year. Next was Germany (654), the United States (520), Italy (217), and Japan (156).
The competition between Korea, China and Japan was also fierce for the world’s number one item. Of the nine items that Korea gave the No. 1 position, China took the first place in four items.
Twelve out of 69 Korea’s No. 1 items are closely followed by Japan in the second place. Reporter Lee Hyung-jung [email protected]
Gyeongsang Ilbo, KSILBO