S. Korean exports fall most among top 10 world exporters in first seven months of 2019
  • 5 years ago
South Korean exports fell by the biggest margin among the world's top 10 exporters... from January to July this year.
Trade has been declining worldwide... due to the global economic slowdown and the U.S.-China trade war,... but Korean exports have been the hardest-hit, according to WTO data.
Korea's outbound shipments in the first seven months of the year,... amounted to 317 billion U.S. dollars,... down 9 percent compared to a year earlier.
The second-largest drop was posted by Hong Kong,... where exports fell 6-point-7 percent... followed by roughly 5 percent declines in Germany and Japan.
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