Forbes - Markets
South Korea: The Seoul Of The World's Economy
Asian economies have largely been a growth story since the end of the Great Recession. Of note, exports, an indicator of overall economic health, have been strong in the years after 2009. On average, export figures coming from Asian countries have risen by roughly 7% annually from that time. From the end of 2009 to December 2014, exports stemming from Asia rose to $6.3 trillion, or 34% of the world’s total exports. As is to be expected, China is the powerhouse of the group, and it is not even close. China accounts for 37% of Asia’s total exports, followed by Japan at 11% and South Korea at 9%.
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