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S. Korea's exports decrease on-year for fifth consecutive month in April

2019-05-01 2 Dailymotion

There are growing concerns about South Korea's exports... with the latest data showing the amount of outbound shipments fell for the fifth month in a row in April.<br /> According to the trade ministry on Wednesday, South Korea's exports marked around 48-point-nine billion U.S. dollars last month.<br />This is down two percent from April 2018.<br />As for why, the ministry pointed to falling prices and lower demand for semiconductors, South Korea's main export item. <br />The slowdown in China's economy was cited as another reason.<br />Imports increased by more than two percent on-year in April...marking around 44-point-seven billion dollars. <br />

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