[Photo] Annual Export Value Surpasses $640 Billion in 2021

The Busan Port Sinsundae Pier, where a new milestone in South Korea's 66-year trade history was achieved, is filled with import and export cargo. Despite the global COVID-19 pandemic crisis this year, Korea set a new record by surpassing an annual export value of $640 billion, driven by growth in key industries such as semiconductors, shipbuilding, and automobiles. However, consumer sentiment, which had been recovering, is declining again due to the resurgence of COVID-19, and with the intensifying US-China conflict, the outlook for Korea's exports next year is not entirely bright. /Busan=Reporter Kang Jinhyung aymsdream@

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