Despite a global financial crisis, Jeju Province’s exports are seeing steady growth, a factor contributing positively to the current domestic economy. Last year's total exports amounted to 460 million USD, a 12 percent increase over the previous year, and 2.2 percent higher than the year’s export goal.
Broken down, there was a 94 million USD, or a 7.9 percent increase, in major industry, and a 365 million USD, or 13 percent increase, in the export of industrial products.
Agricultural products such as tangerines, cabbages, and boat orchids also exhibited impressive growth last year. The 26.1 percent increase paints a bright future for the continued export of these goods.
Products of Jeju origin are increasingly exported globally, even to Africa and the Middle East, with 47 countries receiving Jeju’s exports. Countries include Japan, China, the United States, the UK, Taiwan, Venezuela, and Hong Kong. |