[AKEI NEWSLETTER 18호]Small and medium-sized business exports surpass $105.2 billion……
Page Info
내용
Small and medium-sized business exports surpass $105.2 billion… From 62nd to 2nd in cosmetics items...
It was found that this year's export performance of small and medium-sized companies broke the previous record in 2018, the highest ever. The Korea Customs Service (Director Lim Jae-hyun) and the Ministry of SMEs and Startups (Minister Kwon Chil-seung, hereinafter the Ministry of SMEs and Startups) announced on the 30th that exports of SMEs exceeded an all-time high of $105.2 billion (2018).
Despite the COVID-19 situation, it is analyzed as a possible achievement as Korean exporters are expanding their export bases thanks to the global economic recovery, and national awareness and performance of small and medium-sized companies due to the Korean Wave culture craze on the global stage.
Among the main items, cosmetics grew rapidly from 62nd place in 2010 to 2nd place this year thanks to the popularity of the Korean Wave and K-beauty, and exports of semiconductor manufacturing equipment and K-quarantine-related medicines also quadrupled.
Other items with high growth rates include processed foods. Exports of processed agricultural, fisheries, and livestock products worldwide rose 161% from 2010 to $1.5 billion. Major export countries have been maintained in China, the United States, Vietnam, and Japan over the past decade without much change.