South Korea Freight Transport and Shipping Report Q2 2018
The South Korean economy continues to be driven by a strong export-oriented growth model and is successfullypivoted towards capitalising on its strong comparative advantages and towards generating healthy economies of scale at variousindustrial levels. The outlook for the trade and freight sectors remains bullish out to 2022, driven by a strong regional andinternational demand for semiconductors, electronics, autos and advanced IT and machinery manufacturing equipment. However,a number of negative risks stem from Donald Trump's possible free-trade agreement suspension or a potential slowdown in Chinaor the ASEAN region.
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