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Tag Archives: S Korean exports

S. Korean exports, imports fall in first 20 days of Jan

EXPORTS

SEOUL: South Korean exports and imports in the first 20 days of January both fell, extending the slump that began last year and adding urgency to government efforts to reduce reliance on China, its biggest trade partner. Exports for the Jan 1-20 period fell 8.9% from a year earlier to US$22.28bil while imports dropped 18.1% to US$20.86bil, the Korea Customs ... Read More »

S. Korean exports, imports fall on annual basis

export import

SEOUL: South Korean exports and imports plunged on annual basis in the first 20 days of this month, customs agency data showed on Monday, reflecting a weak global economy and fewer working days this year than a year before. Exports for the Dec. 1-20 period fell 18.9 per cent from a year earlier to $24.37 billion while imports dropped 21.7 ... Read More »

S. Korean exports likely to fall sharply in Q3

export

SEOUL: South Korean exports are likely to fall sharply in the current quarter, a government-run bank specialising in trade financing said on Wednesday, extending a year-long decline that has dragged on growth in Asia’s fourth-largest economy. A report by the research arm of the Export-Import Bank of Korea forecast that South Korea’s exports would fall by around 9% during the ... Read More »

S Korean exports fall by 3.4% in February 2015

s korea

SEOUL: South Korea’s exports have fallen more sharply than expected in February as fewer working days and lower oil prices contributed to the largest fall in the country’s shipments overseas in two years. Exports declined 3.4% from a year earlier to $41.46 billion, following a revised 0.7% drop in January, according to provisional data at the trade ministry. The February ... Read More »

S Korean exports fall by 3.4%, imports plummet 19.6% in Feb

korea

SEOUL: South Korea’s exports in February have fallen by 3.4% from a year earlier to $41.46bn, while imports plummeted 19.6% to $33.80bn. South Korean exports last month suffered their worst fall in two years on weaker sales to Europe and China, lower oil prices and long holidays, but the government said global demand showed some signs of recovery. Exports in ... Read More »