Analysis of South Korea's Foreign Trade Environment in 2024
South Korea is an export-oriented country,but due to the lack of natural resources,the crude oil for industry power still need to rely on imports.Whenever the international market has a major change or crude oil prices rise,South Korea's foreign trade will be greatly hit,even have a certain degree of impact on the overall economic growth and development of South Korea.In the context of uncertain global economy development in 2024,this paper analyzes and evaluates South Korea's foreign trade environment,import and export characteristics and FTA signing,and predicts the export situation of several major competitive products of South Korea in 2024.Due to the high complementarity in economy between China and South Korea,the analysis and prediction results of South Korea's foreign trade environment can also be used as reference factors for China's business community and trade manufacturers.
South Korea's foreign tradeTrade environmentImport and export characteristics