[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Korean economic news to share with you which is as undermentioned.
South Korea's exports fell 7.5 percent in the first 10 days of January fr om a year earlier due largely to a sharp decline in shipments of semiconductors and ships, customs data showed Friday.
The country's outbound shipments reached $12.7 billion in the Jan. 1-10 period, compared with $13.6 billion in the same period of last year, according to the data fr om the Korea Customs Service.
The office said that daily average exports, which reflect working days, also fell 7.5 percent on-year to $1.69 billion in the cited period.
By product, outbound shipments of semiconductors and ships fell 27.2 percent and 29.7 percent, respectively, f rom a year earlier.
Read more at: http://www.koreaherald.com/view.php?ud=20190111000152
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