S. Korea's exports fall 16.6% y/y to US$ 10.3 bil. in first 10 days of June: Data
- 5 years ago
6월 1∼10일 수출 16.6% 감소…반도체 30.8%↓
South Korea's exports plunged by double digits in the first ten days of June.
Data from the Korea Customs Service show outbound shipments between June 1st and 10th falling 16-point-six percent on-year to a little over 10 billion U.S. dollars.
Semiconductor shipments in particular plunged nearly 31 percent.
Exports to China, South Korea's number one trading partner, also shrank 27 percent on-year.
Already, exports have fallen for six straight months, since last December, amid slowing global growth and the U.S.-China trade war.
South Korea's exports plunged by double digits in the first ten days of June.
Data from the Korea Customs Service show outbound shipments between June 1st and 10th falling 16-point-six percent on-year to a little over 10 billion U.S. dollars.
Semiconductor shipments in particular plunged nearly 31 percent.
Exports to China, South Korea's number one trading partner, also shrank 27 percent on-year.
Already, exports have fallen for six straight months, since last December, amid slowing global growth and the U.S.-China trade war.