http://www.nkeconwatch.com/2009/12/22/kaesong-production-value-up-export-value-down/ News and analysis of the North Korean economy Thu, 09 Feb 2012 18:43:42 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.nkeconwatch.com/2009/12/22/kaesong-production-value-up-export-value-down/#comment-170035 NKeconWatch Tue, 22 Dec 2009 18:09:49 +0000 http://www.nkeconwatch.com/2009/12/22/kaesong-production-value-up-export-value-down/#comment-170035 I had to think about this for a second myself. I believe that when the article refers to "exports" it refers to goods that are "exported" from South Korea.The goods made in Kaesong do not count as normal South Korean imports in their own trade accounts. Therefore total production sent to South Korea is up, but the value shipped from South Korea to the rest of the world has fallen. I had to think about this for a second myself. I believe that when the article refers to “exports” it refers to goods that are “exported” from South Korea.The goods made in Kaesong do not count as normal South Korean imports in their own trade accounts. Therefore total production sent to South Korea is up, but the value shipped from South Korea to the rest of the world has fallen.

]]> http://www.nkeconwatch.com/2009/12/22/kaesong-production-value-up-export-value-down/#comment-170028 Benoit Tue, 22 Dec 2009 16:45:18 +0000 http://www.nkeconwatch.com/2009/12/22/kaesong-production-value-up-export-value-down/#comment-170028 How could production increase and exports decrease? I thought that all the production was oriented for exporting. North Korea purchase part of the production? How could production increase and exports decrease? I thought that all the production was oriented for exporting.
North Korea purchase part of the production?

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