South Korea Jan 1-20 exports fall 1.0% y/y, China-bound shipments up marginally

SEOUL: South Korea’s exports for the first 20 days of January fell 1.0% from the same period the year before,...
22 Jan, 2024

SEOUL: South Korea’s exports for the first 20 days of January fell 1.0% from the same period the year before, customs agency data showed on Monday.

By destination, shipments to the United States rose 3.6%, but exports to the European Union fell 9.4%.

Those to China rose 0.1%, set to snap a 19-month streak of decline.

Asia’s factories end 2023 on soft note amid fragile China recovery

On average per working day, exports were up 2.2%.

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