S. Korea’s August 1-10 exports down 22.1% on-year, led by chips


South Korea’s exports for the first ten
days of this month fell 22 percent on-year to 11-point-five billion U.S. dollars. The Korea Customs Service says… the drop
was do to weaking global demand and was led by semiconductor. Semiconductor products account for about a
fifth of the country’s total exports, and they plunged by more than a third. Shipments of petrochemical goods also fell
by double digits. Exports to Korea’s top two trading partners,
China and the U.S., fell by 28 percent and 20 percent, respectively,… an effect, in
part, of their trade war.

5 thoughts on “S. Korea’s August 1-10 exports down 22.1% on-year, led by chips”

Leave a Reply

Your email address will not be published. Required fields are marked *