According to Korea Chamber of Commerce & Industry (KCCI), an apex South Korean trade body, exports of semiconductors, machinery, textiles and electronics will see a sharp increase in the second quarter.
KCCI says that, shipments of machinery and textile in the second quarter will grow by 18.2 percent and 15.2 percent, respectively, from a year earlier to $8.2 billion and $3.5 billion.
With regards to textiles, KCCI is of the opinion that, fast economic growth in China and the rapid economic recovery other emerging countries, will boost exports of Korean textiles.
Fibre2fashion News Desk - India
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