Send to

Korea’s exports to China drop for 14th consecutive month

Sept. 23, 2016 - 10:34 By 최희석
[THE INVESTOR] South Korea’s exports to China fell for the 14th consecutive month in August, data showed on Sept. 23.

According to the Korea International Trade Association, South Korea’s exports to China came to US$ 10.34 billion, down 5.3 percent on-year. South Korea’s imports from China came to US$7.38 billion, rising 3 percent from a year ago.

The decline started in July 2015, when South Korea’s monthly exports to China fell 6.5 percent on year. 

By item, exports of semiconductors and flat-screen displays and sensors continued at sluggish pace, coming in at US$2.22 billion and US$1.62 billion, respectively.

In addition to exports to China, South Korea’s exports to the US also dropped 4.7 percent in August, while that to Vietnam increased 22.6 percent.

By Choi He-suk (