Han home appliances are inside and outside the attack TV export myth is no longer

South Korea "Asian economy" reported on October 12, as the main export project, South Korea's home appliance industry deep "internal and external" multiple crises. Once dominated the global market of LCD and other TV products in 2017 for the first time turned losses, suffered Waterloo.

According to the analysis, in addition to US trade protectionism, South Korea's domestic restrictions, hiring the market rigid and the object of the country's price offensive and other obstacles.

Korea Customs and Excise Department and the Korea Trade Statistics Promotion Institute analysis data show that from January to August 2017, Korea TV, washing machines, air conditioners, electric fans, refrigerators and other 14 kinds of household appliances exports totaled 2.421 billion US dollars (about RMB), year on year A decrease of 10.4%. After 2016 years, for two consecutive years showed a decreasing trend. In contrast, imports of related products increased significantly for two consecutive years, 2016 and 2017, respectively, an increase of 52.2% and 46.4%. As a result, the trade surplus with TV, rice cooker, mixer, air purifier and so on significantly reduced the surplus from 30.6% in 2016 to 51.7% this year.

In the fierce competition in the world, South Korea's LCD TV market share is also worse than in China's price offensive, the relevant products in 2015 began to decline in exports, 2017 is the first trade deficit deficit. In 2013, the trade balance of television trade amounted to 1.362 billion US dollars, only four years later, dazzling results no longer, this year's deficit is about 28 million US dollars.