S.Korean transport industry’s revenue grows 27.6pc in 2021


Revenue for the South Korean transport industry logged a double-digit growth last year due to the improved economic condition and the higher delivery demand, statistical office data showed Friday.

The transport industry’s revenue amounted to 193.3 trillion won (148.5 billion U.S. dollars) in 2021, up 27.6 percent from the previous year, according to Statistics Korea, marking the fastest increase in 40 years since 1981.

The double-digit expansion was attributed to the increased export and import as well as stronger delivery demand amid the economic recovery.—Xinhua