Korea institutions predict Korea this year exports rises to world no. 9

Korea Foreign Trade Association of the international trade Institute 12, published a report forecast that this year, Korea's exports will exceed $ 3560, a world history of the ninth-best results.

Report predicts that Korea 2009 Annual imports for 3270 billion trade surplus for the year 290 billion.

The first half of this year, Korea's imports and exports sales were $ 1445 and 1661 billion trade surplus of 216 million. Report forecasts that the global economic downturn affected in the first half of the exports decrease 22.3% to enter the second half of the year, exports of reduction will substantially reduce, the only 8.7%, exports will reach $ 1899. In the second half of the imports are also distinctly reduced by half to down 14.9 34.6%, imports will be% 1825 billion.

Previous history of Korea achieved the highest export records to 1985 the tenth of the world.

Report forecasts, exports, exports growth momentum is the most violent of liquid crystal devices, 45.8%, ships, wireless communication devices and semiconductors.

The report finds that contributed to the increase in Korea export including emerging developing countries actively import demand recovery and expansion of domestic demand stimulus policies of home appliances, automotive demand growth.