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Korean exports dip after five years of growth

After five years of growth, Korean film exports dropped 68% year-on-year in 2006. Exports totaled $24.5m - down from $75.9m the year before, according to the Korean Film Council (KOFIC)'s year-end statistics.For the first time, Korean sales saw a slump in its main Asian markets, where its $17m takings represented a 74.3% drop on 2005.Exports to Japan, Korea's biggest customer, are down by 82.8% to $10.3m - accounting for most of the decrease. The fall ...

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