Customers turn to cheaper, imported milk

A man is seen picking out a milk carton pack at a discount mart in downtown Seoul on Sunday.

2024-07-14

Pick your coffee

A shopper picks out an instant coffee mix from a shelf containing assorted instant coffee products at a market in Seoul on Tuesday.

2024-05-14

Export-Import Bank dispatches 34 EDCF experts to developing nations

The Export-Import Bank of Korea will dispatch 34 young regional experts to 13 developing countries to nurture international development cooperation specialists through the EDCF program, it announced on April 18.

2024-04-25

Trade logs deficit in first 20 days in April on rising oil prices

Imports totaled $38.5 billion from April 1-20, while exports came to $35.82 billion for a deficit of $2.6 billion.

2024-04-22

Korea's import prices rise for third month amid global pressures

Korea's import prices climbed for a third consecutive month in March, driven by the deprecating won and rising oil prices amid persisting geopolitical tensions in the Middle East.

2024-04-16

Import prices jump again on rising oil prices, weak won

Korea's import prices rose for a second month in February due to higher oil prices and a weaker won against the dollar, according to Bank of Korea data Friday.

2024-03-15

Imported fruit for the win

Imported fruits are displayed at a large supermarket in Seoul on Feb. 18 following increased demand due to their relative affordability compared to domestic fruits.

2024-03-13

Gov't adamant against importing apples, pears despite surging fruit prices

The government has reiterated that it is not considering easing restrictions on the importation of apples and pears despite a 41.2 percent spike in fruit prices on year in February.

2024-03-08

Korea records ninth consecutive monthly surplus driven by cars, chips

Korea logged a current account surplus for the ninth straight month in January on the back of a continued trade surplus driven by the recovery of chip and car exports, central bank data showed Friday.