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S. Korea's trade terms worsen for 15th consecutive month on lower demand for chips

2019-03-26 2 Dailymotion

교역조건 15개월 연속 악화<br /><br /> South Korea's terms of trade got worse in February for a 15th month in a row... because of lower demand for machinery goods and chips.<br /> The Bank of Korea says the net terms-of-trade index last month came to 93-point-four,.... down four percent on-year.<br />Terms of trade measures the amount of imports a country can buy for each unit of exports... relative to the base year 2010.<br />Korea's terms of trade have been falling since December of 2017.<br />Both the export volume index and the export value index fell last month.

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