S. Korea to boost exports of consumer goods: finance minister
SEJONG, June 12 (Yonhap) -- South Korea aims to achieve US$35 billion worth of exports in five major consumer goods by 2022, the finance minister said Wednesday, in the latest efforts to boost its slowing exports.
Hong Nam-ki, the minister of economy and finance, set the target in a meeting with officials in Sejong on how to revitalize Asia's fourth-largest economy.
The five major consumer goods are cosmetics, fashion items, baby products, pharmaceutical products and agricultural and fishery products.
The combined value of outbound shipments of the five consumer goods reached $27.7 billion in 2018, up from $20 billion in 2014.
They accounted for 4.6 percent of South Korea's total exports last year, up from 3.5 percent in 2014.
entropy@yna.co.kr
(END)
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
Vietnamese dairy firm Vinamilk enters S. Korea
-
3 
Gov't to inspect retail logistics centers for infection risks: PM
-
4
(LEAD) S. Korea braces for more infections in greater Seoul area
-
5
(2nd LD) S. Korea moves to limit classroom crowding amid persistent outbreak in capital area
-
1 
(2nd LD) S. Korea moves to limit classroom crowding amid persistent outbreak in capital area
-
2 
S. Korea to test QR codes at nightclubs, eateries, cinemas to contain virus
-
3 
Greater Seoul area continues to see double-digit rise in infections
-
4 
S. Korea unveils new quarantine guidelines for everyday life
-
5 
(LEAD) Logistics center-linked virus cases snowball to 69, emerging as another cluster in greater Seoul
-
1 
Sampling blunder by BTS member serves as cautionary tale for K-pop act going forward
-
2 
Church-tied virus cases on steady rise ahead of further school reopenings
-
3
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
4 
Surprise transport onto THAAD base sparks suspicions over upgrade or additional deployment
-
5
(2nd LD) Church-tied virus cases on steady rise ahead of further school reopenings
