off-the-wire

South Korea April 1-20 exports fall 11% y/y - customs agency

Kitco Media
By Reuters
Published:
Updated:
Reuters
SEOUL, April 21 (Reuters) - South Korea's exports for the first 20 days of April fell 11.0% from the same period a year earlier, dragged down by China-bound shipments, customs agency data showed on Friday. Sales to China fell 26.8%, while those to the United States and European Union rose by 1.4% and 13.9%, respectively.


By product, semiconductor exports dropped 39.3%, petroleum products declined 25.3%, but cars jumped 58.1%.


The country's imports fell 11.8%, bringing the trade balance to a deficit of $4.14 billion.
(Reporting by Jihoon Lee; Editing by Jacqueline Wong)

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