SOUTH Korean exports fell during the first 20 days of July by a larger percentage than in June as protracted a lockdown and delay in economic reopenings across the world cut global demand.
The country’s overseas sales during July 1-20 dropped 12.8% from the same period a year earlier, while imports slid 13.7%, Korea Customs Service data showed today.
Exports dropped 7.7% during June 1-20, while imports slumped 11.4%.
A breakdown of data showed shipments of semiconductors, South Korea’s top-selling item, fell 1.7%, while exports to China, the nation’s largest trading partner, slipped 0.8%. – July 21, 2020, Reuters
