May card spending by foreign visitors surpass KRW 2T milestone
Card spending by foreign tourists last month surpassed KRW 2 trillion for the first time. Shown are visitors...
MOU with Saudi Arabia raises cooperation in energy, minerals, AI
Minister of Trade, Industry and Resources Kim Jung-Kwan (left) on June 14 poses for photos in Riyadh, Saudi Arabia, with...
Economic, trade cooperation agreement with Jordan takes effect
Ambassador to Jordan Kim Pil-woo (right) and Jordanian Minister of Industry and Commerce Yarub Qudah in Amman, Jordan,...
Economic growth in Q1 beats forecasts at 1.8%, GNI rises 9.2%
The Bank of Korea on June 9 released preliminary data on national income in the first quarter showing growth...
Jan.-April current account surplus exceeds USD 100B, 2nd in world
The current account surplus from January through April eclipsed USD 100 billion. Shown is the container terminal at...
OECD raises Korea’s 2026 growth forecast to 2.6%, hike leads G20
The Organisation for Economic Co-operation and Development has raised its 2026 growth forecast for Korea to 2.6%, up...
Jan.-April food exports hit USD 3.58B, rise 38% in Middle East
This display is from Oct. 30, 2025, at the K-Halal Food Booth run by the Ministry of Agriculture, Food and...
Chips boom, spending recovery raise KDI’s growth forecast to 2.5%
The Korea Development Institute in a report released on May 13 raised its economic growth forecast for this year from...
Current account surplus in March sets monthly record USD 37.3B
The Bank of Korea on May 8 said the current account surplus in March hit USD 37.33 billion....
Korea ranked fifth in exports thanks to record USD 220B in Q1
The Ministry of Trade, Industry and Resources on May 6 released first-quarter trade statistics saying exports rose 37.8%...
No. of Hallyu fans in Africa soared 196-fold from 2014-23: report
Visitors in May last year pose for photos at the 2025 K-Beauty Festival hosted by the Korean Embassy...
Korea in 2025 ranked 2nd in arms sales to NATO allies in Europe
The domestic light fighter FA-50GF (left) delivered to the Polish Air Force on Aug. 15, 2023, goes on its maiden flight...
FX reserves in February hit USD 427.62B, up 1.72B from January
The Bank of Korea on March 5 said its foreign exchange reserves as of late last month reached...
Industry minister pledges close cooperation with US on tariffs
Minister of Trade, Industry and Resources Kim Jung-Kwan (second from left) on Feb. 23 speaks at a meeting...
Halal certification eyed to boost food exports to Islamic states
The Ministry of Food and Drug Safety has begun to seek recognition from halal certification bodies to support...
Int’l online purchases of domestic goods in 2025 break KRW 3T
Online purchases of domestic products by foreign buyers last year reached KRW 3.023 trillion. Shown are items at...
Space telescope made with US snaps water, matter from comet
These are photos taken by the space telescope Spherex of (from left to right) water, organic matter and...
Export analysis: brisk sales spur record CA surplus in 2025
Last year's current account surplus broke an all-time record partially thanks to strong semiconductor exports. Shown is a...
Int’l construction orders in 2025 hit 11-year high of USD 47.2B
Overseas construction orders received by domestic companies last year reached USD 47.27 billion, the highest since 2014. Shown...
Record FDI of USD 36B in 2025 proves Korea’s investment appeal
Nam Myung-woo, acting director general of the Ministry of Trade, Industry and Resources' Cross-border Investment Policy Bureau, on...
