Tag - Japan slips to 5th-largest export market for South Korea

Japan slips to 5th-largest export market for South Korea

Japan was the fifth-largest export market for South Korea in 2015, slipping a notch from the previous year, according to trade data on Wednesday. Exports to Tokyo also took up a record-low portion in Seoul’s outbound shipments on a weak yen. At the same time, China emerged as South Korea’s No. 1 trading partner, said the Korea International Trade Association. South Korea’s shipments to Japan reached $25.6 billion last year, accounting for just 4.9 percent of its overall exports, which is the [...]

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