Korea’s Recent Export to Vietnam and Implications
Lee, Jaeho | February 2016
Abstract
In 2015, while Korea’s total exports were sluggish mainly due to weak global demand, its exports to Vietnam have increased rapidly, and Vietnam emerged as Korea’s top 3rd export destination. During the first 10 months of 2015, the total export of Korea contracted 7.6% YoY, mainly due to the weak demand in major markets such as, China, Japan and Singapore. Meanwhile, Korea’s exports to Vietnam rapidly increased with a growth rate of 27.8% YoY. Korea’s exports to China, the biggest market, have contracted for two consecutive years. Exports to Japan, the 3rd largest export destination of Korea since 2001, have also plunged with a growth rate of –21.2% YoY, and being consequently overtaken by Vietnam.
Citation
Lee, Jaeho. 2016. Korea’s Recent Export to Vietnam and Implications. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/9165.ISSN
2233-9140
Keywords
Financial Stability
Financial Management System
Financial Restructuring
Capital Market Development
Market Development
Economics
Erosion
International Economics
Macroeconomic
Macroeconomic Analysis
Performance Evaluation
Impact Evaluation
Foreign and Domestic Financing
Foreign Direct Investment
International Financial Market
Multilateral Financial Institutions
Economic Recession
Market
Crisis
Economic indicators
Growth models
Gross domestic product
Macroeconomics
Economic forecast
Business Financing
Investment Requirements
Business recessions
Multilateral development banks
Regulatory reform
Capital
Exports
Economic development projects
Economic policy
Economic forecasting
Investment Requirements
Banks
International banks and banking
Capital movements
Central banks and banking
Bills of exchange
Swaps
Banks and banking
Financial crisis
Credit control
Credit allocation
Capital market
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Citable URI
http://hdl.handle.net/11540/9165Metadata
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