S. Korea - China (Sylodium, import export business)

South Korea and China

were set to hold trade talks Tuesday on ways to further expand their bilateral trade and cooperation, according to South Korea's trade ministry.

South Korea plans to address China's quarantine and customs regulations and procedures that it said are particularly unfavorable to South Korea's agricultural and food products, the Ministry of Trade, Industry and Energy said. China, on the other hand, is expected to demand efforts to narrow its trade deficit with South Korea.

Ministry figures show that China imported over $141.36 billion worth of products from South Korea between Jan. 1 and Dec. 20 of last year, up 26.1 percent from the same period in 2012. South Korea's trade surplus with China jumped over 13 percent on-year to some $60.55 billion over the cited period as its imports from China only gained 2.6 percent to about $80.81 billion.

South Korea

Population: 50.004.441 (25th)

GDP per cápita: $32.272 (26th)


Population: 1.353.821.00 (1st) (Figures excluding Hong Kong: 7.061.200 and Macau: 568.700)

GDP per cápita: $9.161 (91st) (Figures excluding Hong Kong: $49.137 and Macau: $77.353)

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Seoul (South Korea) - Beijing (China)

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