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  • Michigan - 1

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    Korea Economic Institute of America (KEI)
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    The document summarizes trade data between Michigan and South Korea in 2016. It shows that Michigan's top exports to South Korea were nonferrous metals ($5.4 million), glass and glass products ($4.3 million), and electrical equipment and components ($4.3 million). The top service export was travel ($13.3 million). Total Michigan merchandise exports to South Korea were $36.8 million while service exports were $22.2 million. Around 400 Michigan jobs were related to trade with South Korea. There were approximately 460 Korean-Americans living in Michigan. A historical trend graph shows that total exports from Michigan to South Korea have fluctuated between around $15-42 million from 2010-2016.

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    Michigan - 1 export to South Korea

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    The document summarizes trade data between Michigan and South Korea in 2016. It shows that Michigan's top exports to South Korea were nonferrous metals ($5.4 million), glass and glass products ($4.3 million), and electrical equipment and components ($4.3 million). The top service export was travel ($13.3 million). Total Michigan merchandise exports to South Korea were $36.8 million while service exports were $22.2 million. Around 400 Michigan jobs were related to trade with South Korea. There were approximately 460 Korean-Americans living in Michigan. A historical trend graph shows that total exports from Michigan to South Korea have fluctuated between around $15-42 million from 2010-2016.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    11 views2 pages

    Michigan - 1

    Uploaded by

    Korea Economic Institute of America (KEI)
    The document summarizes trade data between Michigan and South Korea in 2016. It shows that Michigan's top exports to South Korea were nonferrous metals ($5.4 million), glass and glass products ($4.3 million), and electrical equipment and components ($4.3 million). The top service export was travel ($13.3 million). Total Michigan merchandise exports to South Korea were $36.8 million while service exports were $22.2 million. Around 400 Michigan jobs were related to trade with South Korea. There were approximately 460 Korean-Americans living in Michigan. A historical trend graph shows that total exports from Michigan to South Korea have fluctuated between around $15-42 million from 2010-2016.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

     

    Top MI‐1st Export of Goods to Korea in 2016
    $6 $5.4
    $5
    $4.3 $4.3
    $4
    Millions

    $3
    $2.4
    $2.1
    $2

    $1

    $0
    Nonferrous Metals Glass & Glass Electrical Other General Oilseeds & Grains
    Products Equipment & Purpose Machinery
    Components

    Top MI‐1st Service Exports to Korea in 2016
    $14 $13.3

    $12

    $10
    Millions

    $8

    $6

    $4
    $2.4
    $1.6 $1.2
    $2 $0.7
    $0
    Travel Education Install, maint, & Industrial Trademarks
    repair of equip Processes
     
    st
    MI‐1  Merchandise Exports to Korea: $36.8 million  
    MI‐1st Service Exports to Korea: $22.2 million  
    MI‐1st Jobs Related to Trade with Korea: 400 
    Number of Korean‐Americans in MI‐1st: 460 

     
     

    Historical Trend of Exports from MI‐1st to Korea 
    $80

    $70

    $41.5
    $42.7
    $60
    $37.2
    $36.8
    $37.3
    $38.0
    $50

    $29.5
    Millions

    $40

    $30

    $25.7
    $20 $23.5 $22.2
    $21.6
    $19.2
    $17.0
    $15.2
    $10

    $0
    2010 2011 2012 2013 2014 2015 2016
    Services Goods

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