South Korean KBS tv reported over the 2nd , using the major maximize in Chinese demand for machinery, electronic elements , and South Korea ‘s very first ever become China’s greatest trading importing country , but additionally the Japanese occupied the throne final 12 months . According towards the Korea International Trade Association statistics , last 12 months, South Korean import industry share in China rose from 9.17% in 2012 to 9.24 % , surpassing Japan, whilst above the same time period the Japanese import industry share in China fell from 9.78% to 8.19% , relegated to 2nd spot.
Some analysts feel that , together with the fast growth of China’s machinery, electronics industry and turn into the biggest export field , the demand for high-quality components Korea also surged. Final 12 months, China imported far more goods from South Korea have electrical and electronic parts , petroleum solutions, automotive components. Between them, China ‘s imports from South Korea as much as integrated circuit goods , imports amounted to $ 45.25 billion , an increase of 14.7%. Imports amounted to wireless communication gadgets parts $ ten.07 billion , a rise of 20.6%. In all exports of £ 559.seven billion in Korea , the Chinese market share as much as 26.1% , the