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VA-11th Trade and Exports to Korea

The document summarizes export trade data between VA-11th district in the US and South Korea in 2016. It shows that the top merchandise exports from VA-11th to Korea were navigational/measuring instruments, pulp/paperboard, and magnetic media, while the top service exports were in education, travel, and consulting. Total merchandise exports were $4.4 million while service exports were $45 million. Trade with Korea supported 333 local jobs and $1.3 million in foreign direct investment since 2005.
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0% found this document useful (0 votes)
38 views2 pages

VA-11th Trade and Exports to Korea

The document summarizes export trade data between VA-11th district in the US and South Korea in 2016. It shows that the top merchandise exports from VA-11th to Korea were navigational/measuring instruments, pulp/paperboard, and magnetic media, while the top service exports were in education, travel, and consulting. Total merchandise exports were $4.4 million while service exports were $45 million. Trade with Korea supported 333 local jobs and $1.3 million in foreign direct investment since 2005.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd

Top VA-11th Export of Goods to Korea in 2016

$2

$1.6
Millions

$1
$0.8
$0.5
$0.4
$0.3

$0
Navigational & Pulp Paperboard Magnetic & Optical Scrap Products Clay & Refractory
Meas. Instruments Mill Products Media Products

Top VA-11th Service Exports to Korea in 2016


$12
$9.7
$10

$8 $7.6
$6.4 $6.1
Millions

$6

$4 $3.0

$2

$0
Education Travel Management and Computer and Computer
consulting services data processing Software
services

VA-11th Merchandise Exports to Korea: $4.4 million


VA-11th Service Exports to Korea: $45 million
VA-11th Jobs Related to Trade with Korea: 333
New FDI from South Korea since 2005: $1.3 million → 28 jobs
Number of Korean-Americans in VA-11th: 30,580
Historical Trend of Exports from VA-11th to Korea
$70

$60

$5.6
$6.6
$50 $5.3
$52.0
$48.6 $4.4
$48.0 $6.3 $4.5
$5.3
$45.0
$43.6
$40 $41.7
$41.1
Millions

$30

$20

$10

$0
2010 2011 2012 2013 2014 2015 2016
Services Goods

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