South Korea last years revenue and expenditure to China last year, after 21 year

The latest data released by the Bank of Korea shows that South Korea ’s revenue and expenditure in China last year for the first time in the first 21 years of deficit.

According to the Yonhap News Agency, the preliminary verification data released by the Central Bank of Korea on Thursday (June 22) showed that South Korea ’s 2022 project revenue and expenditure in China in 2022 is the first deficit in 21 years, but the current U.S. regular projects will be collected.A surplus of nearly 70 billion US dollars (the same below, about 93.8 billion yuan), a record high in scale.

South Korea achieved a surplus of US $ 29.83 billion in international income and expenditure last year, a decrease of half of the year -on -year (US $ 85.23 billion).Last year, South Korea's current project revenue and expenditure in China had a US $ 7.78 billion deficit, which was rebellious from a surplus of US $ 23.41 billion in 2021. Since 2001, the first deficit has been present.Looking at the goods trade, exports of machinery, precision instruments, oil products, etc. have decreased year -on -year, but imports such as raw materials have increased.With the increase in imports and the increase in transportation costs, South Korea's trade revenue and expenditure in China has also changed from smooth turning.

On the contrary, South Korea's current project surplus of the United States last year was US $ 67.79 billion, a scale of 48.9%year -on -year, a new high since the relevant statistics began in 1998.Thanks to the outstanding performance of automobile exports, South Korea achieved a surplus of US $ 56.38 billion in US cargo trade, a record high; the service trade deficit narrowed more than $ 2 billion year -on -year, setting the lowest record since 2005.

Last year, the direct investment of Koreans was US $ 66.41 billion, a slight increase of ($ 66 billion).According to the region, South Korea's investment in the United States has decreased to US $ 27.85 billion year -on -year, but increased investment in Southeast Asia (US $ 15.34 billion), China (US $ 7.29 billion), and Europe (US $ 6.44 billion) in Europe.In particular, the direct investment in China and Southeast Asia set the highest level since the relevant statistics began in 2006.Foreigners' direct investment in South Korea decreased from US $ 2206 billion in 2021 to $ 18 billion last year.