Economic Indicators

South Korea Oct 1-20 exports fall 2.9% year-on-year

2024.10.20 20:37

SEOUL (Reuters) – South Korea’s exports for the first 20 days of October fell 2.9% from a year earlier, customs agency data showed on Monday.

Exports of semiconductors rose 36.1%, but cars fell 3.3% and petroleum products dropped 40.0%; by destination, shipments to China rose 1.2%, while those to the United States and the European Union fell 2.6% and 8.9%, respectively.

© Reuters. FILE PHOTO: A truck carrying a shipping container travels past cranes at Pyeongtaek port in Pyeongtaek, South Korea, July 9, 2020.    REUTERS/Kim Hong-Ji/File Photo

In September, exports rose for the 12th consecutive month, but the pace of growth cooled.

On average per working day, exports were up 1.0%.



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