Tag: Trade

August Export Surge: South Korea’s $57.9 Billion Record and What It Means

South Korea achieved its highest-ever monthly export total in August, with $56 b, driven by strong IT product sales and record EU exports.

North Korea’s Port Role in Russian Coal Export Analyzed

Recently, around 130,000 tons of Russian coal were exported to China through North Korea's Najin Port. This resumption after three years is analyzed as...

Biden Targets Chinese Steel in Trade Crackdown

The U.S. government is taking steps to prevent countries like China from bypassing tariffs by routing steel and aluminum products through Mexico. On the 10th,...

Is the U.S. Dollar’s Reign Coming to an End? BRICS Might Think So

North Korea has once again advocated for the establishment of a new global economic order in response to the inequality caused by the dollar-centric...

Export Overlap: How South Korea and China Vie for ASEAN, Mexican Markets

An analysis suggests that as China increases its investments and exports to the ASEAN and Mexican markets, competition between South Korea and China in...

U.S. Rides High on Record Trade Surplus as China’s Deficit with South Korea Triples

Last year, South Korea marked a record trade surplus with the United States, while simultaneously experiencing its largest-ever trade deficit with China, showcasing a...

Dodgers’ New Acquisition: Cavan Biggio Set to Start Immediately

The son of MLB Hall of Famer Craig Biggio, Cavan Biggio is slated to start immediately after his transfer to the LA Dodgers.

Tensions Rise as Large Vessel Linked to North Korea-Russia Arms Deal Docked

On May 29, Voice of America (VOA) reported that a large vessel was spotted at Najin Port, known as the site of arms trade...

From $200 Million to Billions: The Skyrocketing Trade Success Between South Korea and UAE

On May 28, South Korea's Minister of Trade Cheong In Kyo attended the Korea-UAE Business Investment Forum held at the Four Seasons Hotel in...

North Korea-EU Trade Tumbles: A Closer Look at the Numbers

According to recent statistics, trade between North Korea and the European Union (EU) decreased last year. On May 22, Radio Free Asia (RFA) cited trade...

Korea’s War on Illegal Fishing: A Groundbreaker for Global Seafood Trade

In collaboration with the Korean Coast Guard, the Ministry of Maritime Affairs and Fisheries (Minister Kang Do Hyung) will expand and establish the types...

EU’s Green Shift: Korean Exporters to Feel the Heat

The European Union (EU) is set to increase the burden on Korean companies exporting products with the introduction of the Eco-design Regulation (ESPR) and...