In the first seven months of this year, 1.8 per cent of Thailand's exports was destined to South Korea.
In July alone, when Thailand's total export value was tuned at Bt595.98 billion, exports to South Korea were valued at Bt11.39 billion.
The collapse of the world's seventh-largest container carrier has caused havoc in global trade networks and a surge in freight rates, as more than half of Hanjin's ships have been blocked from docking with ports and lashing firms fearing they won't be paid. Some vessels have also been seized.
Reuters reported that its parent firm plans to raise 100 billion won (US$90 million) to fund the unloading of billions of dollars worth of cargo aboard vessels.