Korea's exports fall for ninth-straight month, down 13.6% y/y in August
- 5 years ago
8월 수출 전년비 13.6% 감소...9개월 연속 마이너스
South Korean exports fell 13-point-six percent on-year... to around 44 billion U.S. dollars for the month of August,... according to trade ministry data released on Sunday.
The country's exports have now fallen for nine straight months... amid slowing global trade and the ongoing U.S.-China trade war.
By product,... chip exports tumbled more than 30 percent on-year,... while petrochemical exports slumped 19 percent.
Outbound shipments to China, Korea's largest trading partner,... fell more than 20 percent, while those to the U.S. dropped seven percent.
South Korean exports fell 13-point-six percent on-year... to around 44 billion U.S. dollars for the month of August,... according to trade ministry data released on Sunday.
The country's exports have now fallen for nine straight months... amid slowing global trade and the ongoing U.S.-China trade war.
By product,... chip exports tumbled more than 30 percent on-year,... while petrochemical exports slumped 19 percent.
Outbound shipments to China, Korea's largest trading partner,... fell more than 20 percent, while those to the U.S. dropped seven percent.