Tag - Korea world’s 6th-largest exporter

Korea world’s 6th-largest exporter

Korea is now the world’s sixth-largest exporter, World Trade Organization rankings show. Shipments from Korea totaled $526.9 billion in 2015, down nearly 8 percent from a year ago as global markets slumbered. But its share of world trade grew by 0.11 percentage point to 3.46 percent, pushing the country a notch up to its highest level in the WTO rankings. Global trade shrunk more than 10 percent last year. “Weak demand and low oil prices weighed down on global trade last [...]