South Korea\'s exports of agricultural machinery and parts jumped more than 20 percent in the first half of the year on strong demand in the U.S. and China, the government said Sunday. The country sold US$412 million worth of farm machines and parts in overseas markets during the January-June period, up 20.6 percent from a year earlier, according to the Ministry for Food, Agriculture, Forestry and Fisheries. The ministry attributed the growth in exports to improved post-sales services and aggressive marketing in key markets, such as the U.S. Out of all outbound shipments, 38.6 percent of products were sold in the U.S. China came in next with a portion of 8.5 percent, followed by Japan with a 3.6 percent share, the ministry said. For the full year, exports of farm machinery are expected to surge 23 percent to reach $750 million, according to the ministry. Last year, South Korea shipped $608 million worth of farm machines and parts. The country seeks to boost its exports of farm machines to $1 billion by 2015.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor