Ministry of Trade, Industry and Energy
Korea’s auto exports log 2nd highest for March
The Ministry of Trade, Industry and Energy (MOTIE) of Korea announced today that automobile production (up 1.5 percent), domestic sales (up 2.4 percent), and export value (up 1.2 percent) for the month of March 2025 all advanced year-on-year for the second consecutive month. Nota...
Apr 15,2025
Ministry of Trade, Industry and Energy
Korea and Vietnam ink MOUs for wider economic cooperation
Korea’s Minister of Trade, Industry and Energy Dukgeun Ahn met Vietnam’s Minister of Industry and Trade Nguyen Hong Dien today in Hanoi for the 14th Korea-Vietnam Joint Industrial Committee and 8th Korea-Vietnam FTA Joint Committee meetings and discussed measures for ...
Apr 15,2025
Ministry of Trade, Industry and Energy
Korea’s ICT exports climb 9.4% in March
The Ministry of Trade, Industry and Energy (MOTIE) and the Ministry of Science and ICT (MSIT) of Korea announced today that exports and imports of information and communications technology (ICT) goods for March 2025 rose 9.4 percent and 6.8 percent year-on-year, respectively, to ...
Apr 14,2025
Cultural Heritage Administration
K-Heritage Echoes Worldwide: Launch of the 2025 Global K-Heritage Ambassadors
K-Heritage Echoes Worldwide: Launch ofthe 2025 Global K-Heritage Ambassadors - 35 International Students Selected from the Global Korea Scholarship (GKS) Program; three-Month Promotional Activities Begin with Kickoff Ceremony on April 11 -The Korea Heritage Service (KH...
Apr 14,2025
Bank of Korea
Trade Settlement Currency in Korea 2024
□ The settlement currency for exports:
U.S. dollar(84.5%), euro(6.0%), Korean won(2.7%), Japanese yen(2.0%), Chinese yuan(1.5%)
□ The settlement currency for imports:
U.S. dollar(80.3%), Korean won(6.3%), euro(5.7%), Japanese yen(3.7%), Chinese yuan(3.1%)
※ Please ...
Apr 14,2025