South Korea’s dependence on China for imports of intermediate goods and material parts is too high, according to a major industry association. Photo: EPA-EFE
South Korea’s dependence on China for imports of intermediate goods and material parts is too high, according to a major industry association. Photo: EPA-EFE
South Korea

South Korea’s supply chain reliance on China leaves it more exposed than the US, Japan: report

  • Some 29.3 per cent of South Korea’s material parts imports came from China in 2020, higher than Japan and the United States, a new report says
  • South Korea’s import reliance is most pressing in four areas: semiconductors, large-capacity batteries, rare earth metals and medical supplies

Topic |   South Korea
South Korea’s dependence on China for imports of intermediate goods and material parts is too high, according to a major industry association. Photo: EPA-EFE
South Korea’s dependence on China for imports of intermediate goods and material parts is too high, according to a major industry association. Photo: EPA-EFE
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