Korea'S Textile Industry Is Revitalized &Nbsp, And Strives To Become The Fourth Largest Textile Power Country In The World.
The Republic of Korea
Trade Association
Recently, the export of Korean textile industry this year
Expect
The scale of US $15 billion 900 million is expected to achieve the best performance since 2001.
At present, South Korea textile
industry
We should gradually get rid of the development of clothing based products, and use industrial fiber as the driving force for new industry growth, readjust the industrial structure, and revitalize the textile industry again.
The Federation of Korean fiber industries said that if the ROK free trade agreement came into force, the average tariff reduction in South Korea would be 13.1 (32).
Competitive power
The export to the US will also increase.
The Federation of Korean fiber industry also said that thanks to the increase in exports and the increase in output value, the South Korean textile industry will generate 480 billion won economic benefits every year in the next 15 years, and the development of new investment and high value-added products will create more employment posts for South Korea.
Based on this, the Federation of Korean fiber industry said that by 2020 its export scale will grow to 21 billion US dollars, and strive to become the fourth largest textile power in the world.
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