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S. Korea's exports fall for tenth straight month in September

2019-10-01 17 Dailymotion

September was another month to forget on the trade front for South Korea.<br />The trade ministry says outbound shipments plunged eleven-point-seven percent on-year last month to around 44-point-7 billion U.S. dollars.<br />The nation's exports have been constantly declining since December 2018.<br />The volume of semiconductor and petrochemical exports increased, but their falling prices contributed to the overall decrease in September.<br />South Korea's exports to Japan went down close to six percent on-year... as the neighbors remain locked in a trade spat.<br />Imports slumped five-point-six percent on-year to some 38-point-seven billion dollars.<br />However, South Korea's trade surplus for September was the highest so far this year at five-point-nine billion dollars.<br />

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