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South Korean exports fell 14% y/y in April, but semiconductor exports collapsed 41%

South Korean exports fell 14% y/y in April, but semiconductor exports collapsed 41%
South Korea's preliminary export and import figures for April, released by the country's trade ministry.Exports in April fell 14.2% y/y for a seventh consecutive month of declineexpected -13.5%, prior -13.6%Imports dropped 13.3% y/yexpected -10.6%, prior -6.4%April trade balance is $ - 2.62bnprior $ -4.63bn There were 22.5 working days in April 2023 , compared with 23.5 in April 2022.Doesn't soften the blow a lot, but just noting this. This article was written by Eamonn Sherida... Read More
Posted: May 1 2023, 00:06
Author Name: forexlive
Views: 110210

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