South Korea imports a wide variety of goods from China, covering multiple fields such as industrial raw materials and consumer goods. Specifically, the goods that South Korea imports more from China mainly include the following categories:
Industrial raw materials:
Mineral resources: Coal, iron ore, copper and other basic industrial raw materials, which are important raw materials for industrial production in South Korea.
Chemicals: Various chemical raw materials, such as plastic raw materials, rubber raw materials, etc., used in the manufacturing industry in Korea.
Textile raw materials: cotton, synthetic fibers and other textile raw materials used in the textile and clothing industry in South Korea.
Electronic components:
Semiconductor materials: silicon wafers, wafers, etc., used in the electronics industry in South Korea.
Electronic components: resistors, capacitors, and other electronic components used in the manufacturing of electronic products in Korea.
mechanical equipment:
Industrial equipment: various types of industrial production equipment, such as machine tools, injection molding machines, etc.
Automotive components: automotive engines, transmissions, and other parts.
Consumer goods:
Textile and clothing: various types of clothing, shoes, hats, etc.
Home appliances: TVs, refrigerators, air conditioners, etc.
Food: aquatic products, agricultural products, etc.
Why does South Korea import a large amount of Chinese goods?
Price advantage: China's lower production costs result in competitive product prices.
Complete industrial chain: China has a complete industrial chain that can provide one-stop services from raw materials to finished products.
Trade convenience: China and South Korea are geographically close and have convenient trade exchanges.
Current situation of trade between China and South Korea
In recent years, the trade relationship between China and South Korea has been close, but it also faces some challenges. With the upgrading of South Korea's industrial structure, its dependence on China has decreased. At the same time, there is also a competitive relationship between China and South Korea in some industrial fields.