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Exports Fall 2.8% in First 10 Days of November

Written: 2022-11-11 09:29:06Updated: 2022-11-11 09:57:53

Exports Fall 2.8% in First 10 Days of November

Photo : YONHAP News

Exports posted a slight decrease on-year in the first ten days of November.

According to tentative data from the Korea Customs Service on Friday, the country’s outbound shipments stood at 17-point-seven billion dollars in the cited period, down two-point-eight percent from a year earlier.

Average daily exports also dropped by two-point-eight percent, with the number of working days unchanged from last year at eight-point-five.

Imports fell six-point-seven percent on-year to 19-point-eight billion dollars during the cited period, resulting in a trade deficit of two-point-05 billion dollars.

The cumulative trade deficit this year reached 37-point-six billion dollars.

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