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MI-10th Trade and Exports to Korea

The document summarizes trade data between Michigan's 10th district and South Korea in 2016. It shows that the top exports from the district to Korea were nonferrous metals ($11.3 million), motor vehicle parts ($11 million), and oilseeds and grains ($5.3 million). It also lists the top service exports as industrial processes ($4.1 million) and travel ($3.8 million). Total exports of goods from the district to Korea were $54.1 million while service exports were $14.5 million.

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Korea Economic Institute of America (KEI)
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37 views2 pages

MI-10th Trade and Exports to Korea

The document summarizes trade data between Michigan's 10th district and South Korea in 2016. It shows that the top exports from the district to Korea were nonferrous metals ($11.3 million), motor vehicle parts ($11 million), and oilseeds and grains ($5.3 million). It also lists the top service exports as industrial processes ($4.1 million) and travel ($3.8 million). Total exports of goods from the district to Korea were $54.1 million while service exports were $14.5 million.

Uploaded by

Korea Economic Institute of America (KEI)
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 MI‐10th Export of Goods to Korea in 2016
$12 $11.3 $11.0

$10

$8
Millions

$6 $5.3

$4 $2.9 $2.8
$2

$0
Nonferrous Metals Motor Vehicle Oilseeds & Grains Meat Products Plastics Products
Parts

Top MI‐10th Service Exports to Korea in 2016
$5
$4.1
$4 $3.8

$3
Millions

$2.5

$2 $1.8

$1 $0.7

$0
Industrial Travel Install, maint, & Arch, eng, & other Trademarks
Processes repair of equip tech serv
 
th
MI‐10  Merchandise Exports to Korea: $54.1 million  
MI‐10th Service Exports to Korea: $14.5 million  
MI‐10th Jobs Related to Trade with Korea: 420 
Number of Korean‐Americans in MI‐10th:  1,378 

 
 

Historical Trend of Exports from MI‐10th to Korea
$90

$80
$65.1
$65.7 $63.0 $62.0
$70 $59.3
$54.1
$60

$50 $43.1
Millions

$40

$30

$20

$13.2 $13.6 $14.5


$10 $12.5 $12.8
$9.3 $10.4

$0
2010 2011 2012 2013 2014 2015 2016
Services Goods

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