Korea's jacket jacket imports increased by 109.3% in August this year

South Korea’s imports amounted to US$45.56 billion, an increase of 29.2% over the same month of the previous year. Accumulated imports from January to August were USD 348.88 billion, an increase of 26.7% over the same period of last year.

In South Korea's imports in August, overall raw material imports increased by 30.6% over the same period of the previous year, of which natural gas increased by 77.2%, coal imports increased by 35.5%, and crude oil imports increased by 29.8%. Total imports of capital goods increased by 6.9%, of which aircraft imports increased by 630.8%, auto parts increased by 23.6%, semiconductor manufacturing equipment inspectors 39.5%, and cargo ships decreased by 33.8%.

The overall import of consumer goods increased by 18.2%, of which jackets and jackets imported increased by 109.3%, beef imports increased by 45.8%, and pork imports increased by 92.1%.

South Korea's Ministry of Knowledge Economy said that due to the high prices of imported raw materials, imports of crude oil, coal, and natural gas have soared, and the trade surplus in August has drastically decreased to 800 million U.S. dollars, the lowest level in the past 19 months.


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