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South Korea January exports to China and U.S. fall

Staff writer ▼ | February 3, 2016
South Korean exports to China tumbled 21.5% on-year for their seventh straight month of declines and the biggest drop since May 2009, trade ministry estimates showed.
South Korea exports
Exports from South Korea   Shipments to EU rise
Exports to the United States also slipped 9.2 percent, down for a sixth straight month, while shipments to the European Union rose 7.3 percent, reversing from a 7.7 percent decline seen in December, estimates showed.

The trade ministry said export conditions are worsening with total exports in volume terms down 5.3 percent in January after rising 0.9 percent in December.


 

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