Cosmetic exports support steady growth in South Korean economy
Total trade exceeds $1 trillion for third consecutive year as small and mid-sized companies growth in exports.
Small and mid-sized companies surpassed the better known conglomerates like Samsung and Hyundai in Korea’s export growth last year, with total trade exceeding US$1 trillion for the third consecutive year. The increasing international success of Korean cosmetics was reflected in a 24.4% export growth, the second highest growth figure.
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