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S. Korea's Exports Fall 18.6% in First 10 Days of April

Written: 2020-04-13 10:20:43Updated: 2020-04-13 14:19:23

S. Korea's Exports Fall 18.6% in First 10 Days of April

Photo : YONHAP News

South Korea's exports fell nearly 19 percent from a year earlier in the first ten days of April amid the economic fallout from the COVID-19 pandemic.

According to data from the Korea Customs Service on Monday, the country's outbound shipments came to 12-point-two billion dollars during the time span, plunging 18-point-six percent from the same period last year.

The country witnessed drops in most of its major export items -- semiconductors, petroleum products, automobiles and auto parts. 

The daily average exports during the cited period also slipped 18-point-six percent on-year. 

Additionally, imports dropped by 13 percent on-year to 14-point-six billion dollars, recording a trade deficit of two-point-four billion dollars.

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