Exports from the Republic of Korea (RoK) to Viet Nam, Saudi Arabia and other rapidly-growing nations have enjoyed a double digit growth, according to the Korea Trade-Investment Promotion Agency (KOTRA).

The agency on October 6 also urged local exporters to more actively target these markets on October 10.

RoK exports to Viet Nam in the first 8 months of this year surged 30.2% compared to the same period last year. Exports to Saudi Arabia rose 22% followed by Morocco at 19.4%, the Czech Republic at 16.7% and Mexico at 14.1%.

Manufacturing mobile phones at Samsung Electronic Viet Nam Thai Nguyen (Photo: VNA)

RoK manufacturers, which have established plants in Viet Nam, Mexico, the Czech Republic and other emerging economies, provide a wide range of industrial spare parts and intermediate goods to their production facilities in these countries.

This has increased the volume of RoK exports to the countries, KOTRA noted.

(Source: VNA)