South Korea exports sink 20% in first 20 days of May
Topics: SOUTH KOREA
Disrupted by the coronavirus pandemic, the value of exports reached $20.3 billion, compared to $25.5 billion a year ago.
By sector, exports of memory chips increased 13.4 percent, while shipments of automobiles sank 58.6 percent.
By country, exports dropped 1.7 percent to China and 27.9 percent to the United States.
So far this year, the outbound shipments by Korea has seen a 9.5 percent decline. ■