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PA-14th Exports and Trade with Korea

This document summarizes trade data between Pennsylvania's 14th Congressional District and South Korea in 2016. It shows that the top exports from the district to Korea were navigational and measuring instruments, iron and steel, and basic chemicals. The top service exports were education and travel. Total merchandise exports were $19.4 million and service exports were $60.2 million. Trade with Korea supported 556 jobs in the district. There was $6.7 million in new foreign direct investment from South Korea since 2005, supporting 65 jobs. The historical trend shows that total exports have fluctuated between $50-60 million from 2010-2016.
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0% found this document useful (0 votes)
49 views2 pages

PA-14th Exports and Trade with Korea

This document summarizes trade data between Pennsylvania's 14th Congressional District and South Korea in 2016. It shows that the top exports from the district to Korea were navigational and measuring instruments, iron and steel, and basic chemicals. The top service exports were education and travel. Total merchandise exports were $19.4 million and service exports were $60.2 million. Trade with Korea supported 556 jobs in the district. There was $6.7 million in new foreign direct investment from South Korea since 2005, supporting 65 jobs. The historical trend shows that total exports have fluctuated between $50-60 million from 2010-2016.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Top PA-14th* Export of Goods to Korea in 2016

$4.5 $4.1
$4.0
$3.5
$3.0
$2.3
Millions

$2.5
$2.0
$2.0 $1.5 $1.5
$1.5
$1.0
$0.5
$0.0
Navigational & Iron & Steel & Basic Chemicals Other General Electrical
Meas. Instruments Ferroalloys Purpose Equipment
Machinery

Top PA-14th* Service Exports to Korea in 2016


$30
$24.2
$25

$20
$15.1
Millions

$15

$10

$5 $2.5 $2.3 $2.3

$0
Education Travel Arch, eng, & other Legal Services Install, maint, &
tech serv repair of equip

PA-14th* Merchandise Exports to Korea: $19.4 million


PA-14th* Service Exports to Korea: $60.2 million
PA-14th* Jobs Related to Trade with Korea: 556
New FDI from South Korea since 2005: $6.7 million → 65 jobs
Number of Korean-Americans in PA-14th*: 2,177
Historical Trend of Exports from PA-14th* to Korea
$100

$90 $29.3

$30.3
$80 $25.0 $22.8 $23.0
$19.4
$70 $23.1

$60 $63.1
$60.4 $59.1 $60.2
$58.6
Millions

$55.2
$50
$50.6

$40

$30

$20

$10

$0
2010 2011 2012 2013 2014 2015 2016
Services Goods

*for 115th Congress

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