South Korea-Latin America Trade Index 2017

Bolivia has emerged as the trade champion in our most recent Korea-Latin America Trade Index. Total trade between the two countries grew 37.4 percent in 2016. It is one of the few countries with a positive result, as total trade between the two regions dropped 12 percent to $37.2 billion in 2016, compared with the year before. Other countries with positive figures include Dominican Republic, Haiti and Peru. But the rest of the countries saw mostly double-digit drops in their trade with South Korea, most notably Uruguay, with a 34 percent plunge. Mexico is South Korea’s main export market. Exports from the Asian country to Mexico reached $9.7 billion last year, down almost 11 percent from the $10.8 billion the […]

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