S. Korean products deal with more import restrictions every year: data
The number of import restrictions on South Korean products rose from 187 cases in 2017 to 210 cases in 2021, according to a Korea Trade-Investment Promotion Agency (KOTRA) report.
Early this year, 27 countries imposed 208 kinds of import restrictions on South Korean products.
The US imposed the most import restrictions, with 47 cases, followed by Turkey, India, China, and Canada.
The majority of import restrictions amounting to 100 cases, were on steel and metal, followed by chemical products with 41, plastic and rubber products with 23, and textiles and fashion products with 15 cases.
Most of the import restrictions, which comprised 72 percent, were in the form of anti-dumping measures (150 cases), followed by countervailing duties (10 cases) and safeguard measures (36 cases).