S. Korea's exports plunge 11% y/y to US$ 46.1 bil. in July, 8th straight monthly decline
- 5 years ago
South Korea's exports slumped eleven percent on-year in July.
The trade ministry says it's the eighth month in a row that exports have fallen.
Outbound shipments came to around 46-billion U.S. dollars, down from the 52 billion tallied a year earlier.
The ministry pointed to a fall in semiconductor prices, as well as the U.S.-China trade war.
Imports also fell two-point-seven percent on-year to around 44-billion dollars.
The trade ministry says it's the eighth month in a row that exports have fallen.
Outbound shipments came to around 46-billion U.S. dollars, down from the 52 billion tallied a year earlier.
The ministry pointed to a fall in semiconductor prices, as well as the U.S.-China trade war.
Imports also fell two-point-seven percent on-year to around 44-billion dollars.