• Title, Summary, Keyword: imports

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Analysis of Volatility and Directionality of Korean Imports and Exports : Focused on USA, Japan, China, UK (우리나라 수입액과 수출액의 변동성과 방향성 분석 : 미국, 일본, 중국, 영국을 중심으로)

  • Choi, Soo-Ho;Choi, Jeong-Il
    • Journal of Digital Convergence
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    • v.15 no.10
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    • pp.113-121
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    • 2017
  • Korea is a country that needs trade. Because it lacks natural resources but has excellent skills and manpower. Trade balance means 'profit from the process of buying and selling various goods and services in many abroad countries'. If the export amount of Korea is more than the import amount, it is called the trade surplus. The purpose of this study is to find trends and future directions of exports and imports over the last 210 months for the US, China, Japan, United Kingdom which have large trade with Korea, Since 2000, China's exports have grown more than 800%. However, in the case of the US and Japan, there is a steady increase rate of around 200% without any major change. In order for Korea to increase exports for the surplus of trade balance, it seems that the increase in exports to the US and Japan as well as the increase in exports to China are more important. Since the rate of growth has been declining slightly due to the decline in exports of auto makers to China since 2014, we need a strategy to prepare for this.

Analysis of Status of Radiation/Radioisotopes Utilization

  • Park, Chan Hee;Lee, Seung Hyun;Kim, Na Kyung;Kim, Kon Wuk
    • Journal of Radiation Protection and Research
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    • v.42 no.1
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    • pp.1-8
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    • 2017
  • Background: The use of radiation and radioisotopes in Korea has been increasing each year, and its impact on economy and industry is expected to be increasing progressively following the development of industrial technology and the expansion of their usage. To establish and supporting policies for industries using radiation and radioisotopes, it is necessary to check the status of related industries accurately, as well as to gather data required to establish plans for industrial development by studying both revenues and economic scale (contributing to revenue). Materials and Methods: To analyze the status of utilization, surveys were carried out on 6,621 organizations engaged in nuclear operations handling radiation and radioisotopes pursuant to the Nuclear Safety Act as of end 2014, on 33,471 medical institutions using radiation generators for medical and diagnostic purposes pursuant to the Medical Service Act, and on 2,218 organizations using radiation generators for animal diagnostics pursuant to the Veterinary License Act. Results and discussion: The overall status of the domestic radiation market including the number of user organizations, that of employees, and the size of distributions (imports, productions, and exports) with which the scale of domestic radiation market can be judged showed a growth trend compared to the previous year, though the number of employees for radiation operation in industrial sector, research sector, education sector, military sector, and power plants (nuclear power plants) and the size of imports was reduced somewhat. Conclusion: It is expected that data acquired through periodic surveys on the status of utilization would be utilized practically in establishing governmental policies related to the promotion of usage of radiation and radioisotopes, and also be utilized widely in cultivating and developing the industry efficiently to invigorate the related industries.

Review of Rice: Production, Trade, Consumption, and Future Demand in Korea and Worldwide

  • Jeong, Jong-Min;Kim, Eun Chong;Venkatanagappa, Shoba;Lee, Jeom-Sig
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.62 no.3
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    • pp.157-165
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    • 2017
  • Being a staple food for more than half of the population of the world and South Korea, rice is an important crop. For the past 20 years, global paddy rice cultivation area and production have shown an annual growth of 0.46% and 1.61%, respectively. Global rice consumption for food and processing has increased by 1.37% and 3.68%, respectively. Due to the main reason for such increasing human population, it is expected that from 439 million tons in 2010, additional 116 million tons will be needed in 2035. Global rice imports and exports have doubled in the last 20 years. However, in spite of such increment, global rice exports in 2013 were 8.4% of the total production. It is thought that rice protection policies in the producing countries are the main reason for such small scale of rice trading. In the past 5 years, India recorded the largest growth rate in rice exports (51.4%), whereas China showed the largest growth rate in imports (61.0%). For global utilization of milled rice during the same period, approximately 79.4% was used as food, 7.2% as animal feeds, and 1.4% for processing. Regionally, Asia has shown a similar pattern to the global rice usage, whereas utilization for processing in America, for food in Africa, and for animal feed in Europe was relatively higher than the global rice usage. Korea's cultivation area and production since the last 5 years, are 0.5% and 0.8% of those of the world, respectively. Its annual rice export is approximately 3,000 tons, which is 0.01% of the global rice export. Korea's rice utilization is high for food and low for feed and for processing relative to global rice utilization. Therefore, a review must be conducted to increase Korea's utilization of rice for processing and for feed production.

Safety evaluation and approval status of genetically modified foods in Korea (국내 유전자변형식품 안전성 심사 규정 및 승인현황)

  • Kang, Yun-Sook
    • Food Science and Industry
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    • v.52 no.2
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    • pp.130-139
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    • 2019
  • Safety of genetically modified foods (GM foods) in Korea is evaluated according to "Food Sanitation Act" and "Regulation on safety evaluation for GM foods" based on the concept of substantial equivalence. In which cases a person who imports, develops or manufactures GM foods for the purpose of eating imports GM foods for the first time, he/she shall undergo a safety evaluation of the relevant foods, etc. by Ministry of Food and Drug Safety (MFDS). And in which cases ten years have elapsed since GM foods underwent safety evaluation, they shall be re-evaluated for their safety. As of April 2019, a total of 199 events have been approved by MFDS and they are 169 events of GM crops including soybean (29), maize (87), cotton (29), canola (14), sugar beet (1), potato (4), alfalfa (5), 6 events of GM microorganisms (GMM) and 24 events of GM food additives originated from GMM.

Design Study of Fuel Supply System for 5MW-class Bio Gasturbine by Using Food Waste Water (5MW급 바이오 가스터빈용 전처리시스템 설계연구)

  • Hur, Kwang-Beom;Park, Jung-Keuk;Yun, Eun-Young;Lee, Jung-Bin
    • New & Renewable Energy
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    • v.7 no.2
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    • pp.10-17
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    • 2011
  • Korea is the 11th largest energy consumption country and 96% of its total energy consumption depends on imports from overseas. Therefore it is a very important task to secure renewable energy sources which can reduce both the carbon-dioxide emission and dependency on overseas energy imports. Among the various renewable energy sources, organic wastes are important sources. In Korea, 113 million toe of methane is generated from organic wastes annually, but only 3.7% is effectively used for energy conversion. Thus, it is very important to make better use of organic wastes, especially for power generation. The goals of this project are to develope the fuel supplying system of Bio Gasturbine (GT) for 5MW-class co-generation system. The fuel supplying system mainly consists of $H_2S$ removal system, Bio Gas compression system, Siloxane removal system and moisture separating systems. The fuel requirement of 5MW-class GT is at around 60% of $CH_4$, $H_2S$ (<30 ppm), Siloxane(<10 mg/$nm^3$) and supply pressure (> 25 bar) from biogas compressor. Main mechnical charateristics of Bio Gasturbine system have the specific performance; 1) high speed turbine speed (12,840 rpm) 2) very clean emmission NOx (<50 ppm) 3) high efficiency of energy conversion rate. This paper focuses on the development of design technology for food waste biogas pretreatment system for 5MW-class biogas turbine. The study also has the plan to replace the fuel of gas turbine and other distributed power systems. As the increase of bioenergy, this system help to contribute to spread more New & Renewable Energy and the establishment of Renewable Portfolio Standards (RPS) for Korea.

Synchronization Phenomenon of Imports & Exports Trade Volume, Imports & Exports Amount, Trade Balance of ICT (ICT 산업의 수출입 물동량과 수출입액, 무역수지의 동조화현상)

  • Choi, Jeong-Il
    • Journal of Convergence for Information Technology
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    • v.10 no.5
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    • pp.92-100
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    • 2020
  • The purpose of this study is to analyze the relationship between export weight, import weight, export amount, import amount, and trade balance of ICT industry. The data used were gathered from the Korea Customs Service trade statistics. The analysis period used annual data for 19 years from 2000 to 2018. The change rate analysis was shown in order of trade balance, export amount, import amount, import weight and export weight. The increase rate analysis showed that the trade balance was the highest at 919%.. In the correlation analysis, the trade balance and export amount were 0.95, showing the highest correlation coefficient. As a result of the regression analysis, the export amount for the trade balance, the dependent variable, was Coefficient 2.37, which was positive(+). Each variable is changing independently of one another. Since 2000, the trade balance of the Korean ICT industry has led 84% of Korea's total trade balance. In the future, Korea's ICT industry should be further developed for Korea's economic development, and exports should be further increased to increase the trade balance. In the next paper, we will try to find a field that can be specifically developed by subdividing the ICT industry.

A Study on Busan Port Activation by Attracting Transshipment Containers to and from Japan (일본 환적화물 유치를 통한 부산항 활성화 방안에 관한 연구)

  • Park, Jin-Hee
    • Journal of Navigation and Port Research
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    • v.28 no.8
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    • pp.679-685
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    • 2004
  • Logistics needs in Asia are surprisingly increasing due to rapid growth of China Therefore, each country is trying to develop ports in order to attract logistics needs. Korea, also, begins to perform active port marketing policy, centering around Busan port and Kwangyang port, in order to become a logistics hub in Northeast Asia Recently, competitiveness of Japan has decreased due to increase in the inland transport costs, so Japanese is deliberating various counter plans. While Japan is stagnant, Korea has an opportunity for activating Busan port and Kwangyang port. This study estimates logistics costs by classifying types of delivery routes of Japanese imports and exports containers; that is, by dividing the case of using main ports in Japan, or Busan port and Kwangyang port. As a result, logistics costs are greatly reduced when the containers go by way of Busan port and Kwangyang port social and logistics costs.

Trends and Effect of foreign Direct Investment in Fashion Industry (패션산업에서 해외직접투자 -무역과의 관계를 중심으로-)

  • 손미영;이은영;김하나
    • Journal of the Korean Society of Clothing and Textiles
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    • v.28 no.910
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    • pp.1341-1350
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    • 2004
  • With the advent of the globalization trend of the industry, the enterprises in the fashion industry around the world have witnessed a surge in exports and foreign direct investment (FDI). Many fashion enterprises in each country, along with the multi-national enterprises, have engaged in global outsourcing of the production process in order to increase their global competitiveness, and have attempted to expand their commercial presence in the world market by entering into other foreign markets. Such market entry attempts have lead to the increase of FDI and trade by the fashion enterprises. This study attempts to examine the interactive relation between FDI and export/import of fashion products in different fashion industries both worldwide and in Korea. First, we will look into the relation between export/imports and FDI of each regional fashion industry, then expand the study to the relation between those two factors found in the fashion industry of Korea in general, and finally, to the relation between the two factors in the fashion industry of countries that are the major export nations of fashion goods into Korea. The data which this study is based on were collected from the International Trade Statistics Yearbook Vol. II (UN, 1991-2002, New York: UN), UNCTAD Handbook of Statistics (UN, 1996-2001, Vienna: UN), UNCTAD database, the archives of the Korea Federation of Textile Industry and the archives of the Export-Import Bank of Korea. The methods of analysis used in this study were correlation, regression, and descriptive statistics of the data. The result of this study showed that each fashion industry of different regions was subject to a diversity of effects. For one, the fashion industry in Korea showed a significant correlation between outbound investment and both export and import. On the other hand, the apparel industry in Korea showed a significant correlation between outbound investment and imports, but no such correlation between outbound investment and exports.

A Study of the Dispute Between Korea and China on the Safeguard Measure (한(韓).중간(中間) 세이프가드 관련분쟁(關聯紛爭)의 전개(展開)에 따른 우리나라의 대응(對應))

  • Lee, Won-Keun;Chang, Dong-Sik
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.22
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    • pp.255-285
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    • 2004
  • After more than 15 years of negotiations, China was finally able to achieve the WTO membership, opening up new trade opportunities for China as well as existing WTO members. China accepted a special safeguard mechanism as one of its WTO- plus commitments. And in response, Korea has since introduced China special safeguard rules, which in simple terms, allows an invocation of safeguard measures against Chinese product imports under more lapse conditions than would normally be allowed under the existing general safeguard rules. China also introduced new safeguard rules in November 2001 in an effort to increase transparency in its operation of safeguard measures. However, the current article contends that the new rules pose a serious threat to free trade in the form of the retaliation provision, which enables China to take unilateral retaliatory actions against safeguard measures on Chinese product imports, It indicates that the provision could be operated in an arbitrary manner as the US Super 301, and lead to infringements of WTO disciplines. This paper indicates that the foregoing elements could lead to mort trade disputes between Korea China regarding safeguard measures and subsequent retaliations on the hills of the so called the Garlic War. The current article goes on to offer policy recommendations toward deterring such disputes. First, it recommends a more active invocation of Korea's own retaliatory provision against China's unilateral actions at least to gain negotiating leverage. Second, it sites problems involving China's still conspicuous state-trading practices, and proposes to raise issues again China to induce more faithful implementation of WTO disciplines Final, it stresses the importance of preventing disputes before they arise, and suggests several specific preventive measures.

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