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THE REPUBLIC OF KOREA FOREIGN TRADE TRENDS

https://doi.org/10.21686/2410-7395-2018-2-104-112

Abstract

The article considers the foreign trade of the Republic of Korea over the past eight years in the context of the future free trade agreement between the Republic of Korea and the Eurasian Economic Union. The author traces the dynamics of exports and imports of the country during the certain period, the change in the commodity structure of exports and imports, the geography of exports and imports, the dynamics of commodity flows as a share of GDP, as well as the most exported and imported goods at the level of six signs of the Harmonized commodity description and coding system (HS). During the research period, the structure of exports and imports of the Republic of Korea has changed little: the main exported goods, as before, are high-tech equipment (floating equipment and its elements, land road transport and parts; storage devices (about 15% of all exports). Imports are dominated by energy (one fifth of total imports) and machinery and equipment (84 and 85 of the HS groups).

About the Author

A. V. Latyshov
Plekhanov Russian University of Economics
Russian Federation

Junior Scientific Fellow of the Trade Scientific Center, Post-Graduate Student of the World Economy Department,

36 Stremyanny Lane, Moscow, 117997



References

1. Latyshov A. V. Torgovaya politika Respubliki Korei i osobennosti ee torgovyh vzaimootnoshenij s Rossiej v 2016 godu [The Republic of Korea’s Trade Policy and the Features of Trade Relations with Russia in 2016]. Mezhdunarodnaya torgovlya i torgovaya politika, 2016, No. 3 (7), pp. 64–71. (In Russ.).

2. Mezhdunarodnaya torgovlya: vchera, segodnya, zavtra : monografiya [International Trade: Yesterday, Today, Tomorrow], edited by A. V. Shishkin. Moscow, RUSAJNS, 2017. (In Russ.).

3. Spartak A. N., Lihachev A. E. Dolgovremennye trendy i novye yavleniya v mezhdunarodnoj torgovle [Long-Term Trends and Developments in International Trade] Rossijskij vneshneehkonomicheskij vestnik, 2018, No. 2, pp. 7–24. (In Russ.).

4. Ehkonomika i politika postsocialisticheskih gosudarstv: opyt transformacii [The Economy and Politics of Post-Socialist States: the Experience of Transformation], monografiya, edited by R. I. Hasbulatov, v 2 ch. Moscow, Veche, 2017. (In Russ.).

5. Ivanova S. V., Latyshov A. V. Sustainable Entrepreneurship: Agrarian Policy in South Korea. Entrepreneurship and Sustainability Issues, 2018, Vol. 5, No. 4, pp. 748–760.


Review

For citations:


Latyshov A.V. THE REPUBLIC OF KOREA FOREIGN TRADE TRENDS. International Trade and Trade Policy. 2018;(2):104-112. (In Russ.) https://doi.org/10.21686/2410-7395-2018-2-104-112

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ISSN 2410-7395 (Print)
ISSN 2414-4649 (Online)