S. Korea's exports fall 16.6% y/y to US$ 10.3 bil. in first 10 days of June: Data

Arirang News 2019-06-11

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6월 1∼10일 수출 16.6% 감소…반도체 30.8%↓

South Korea's exports plunged by double digits in the first ten days of June.
Data from the Korea Customs Service show outbound shipments between June 1st and 10th falling 16-point-six percent on-year to a little over 10 billion U.S. dollars.
Semiconductor shipments in particular plunged nearly 31 percent.
Exports to China, South Korea's number one trading partner, also shrank 27 percent on-year.
Already, exports have fallen for six straight months, since last December, amid slowing global growth and the U.S.-China trade war.

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