South Korea's exports are set to extend their slump to a ninth month in August, hurt by a decline in outbound shipments of semiconductors, data showed Wednesday.
|This undated file photo shows containers carrying export goods stacked on piers in the southeastern city of Busan, South Korea's largest port city. (Yonhap)|
The country's exports declined 13.3 percent in the first 20 days of August from a year earlier to US$24.9 billion, according to the data compiled by the Korea Customs Service.
Exports of semiconductors slipped 29.9 percent on-year in the first 20 days of August, the data showed.
By destination, South Korea's exports to China and Japan fell 20 percent and 13.1 percent, respectively. (Yonhap)
Cho Kyung-hee firstname.lastname@example.org
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