By July 20th, the amount of exports decreased by 13% from the same period last year.
The export shock following Corona 19 continues.
According to the Korea Customs Service on the 21st, the provisional export value of customs clearance on the 1st to 20th of this month was $22.6 billion, down 12.8% ($3.6 billion) from the same period last year.
During this period, the number of working days (15.5 days) was one day less than last year (16.5 days).
The average daily export reduction rate reflecting the difference in the number of working days was 7.1%.
In the statistics without considering the number of working days, major export items such as petroleum products (-41.6%), passenger cars (-14.0%), and semiconductors (-1.7%) were sluggish.
Ships (48.1%) and computer peripherals (56.9%) increased.
By exporting countries, major markets such as the Middle East (-40.0%), Japan (-21.9%), the European Union (-11.9%), Vietnam (-9.9%), the United States (-2.4%), and China (-0.8%) Exports shrank.
[Breaking News] Export 12.8% on July 1-20. 7.1% on average daily ↓
2020-07-21T00:06:16.198Z
By July 20th, the amount of exports decreased by 13% from the same period last year. The export shock following Corona 19 continues. According to the Korea Customs Service on the 21st, the provisional export amount for customs clearance on the 1st to 20th of this month was $22.6 billion, down 12.8% from the same period last year.
Source: sbskr