S. Korea's exports fall 14.7% y/y in October amid slowing global trade
- 5 years ago
South Korea's exports fell in October for the 11th straight month amid slowing global trade.
Data released by the trade ministry showed on Friday that the country's outbound shipments slumped nearly 15 percent on-year to some 46-billion U.S. dollars in October.
Other than the base effect, the ministry attributed the fall to the impact of the ongoing trade spate between the U.S. and China.
Semiconductor and petroleum exports declined,... but vessels, computers and bio-health products rebounded.
Imports also dropped around 15 percent over the same period to some 41-billion dollars.
Data released by the trade ministry showed on Friday that the country's outbound shipments slumped nearly 15 percent on-year to some 46-billion U.S. dollars in October.
Other than the base effect, the ministry attributed the fall to the impact of the ongoing trade spate between the U.S. and China.
Semiconductor and petroleum exports declined,... but vessels, computers and bio-health products rebounded.
Imports also dropped around 15 percent over the same period to some 41-billion dollars.