Posted on March 10, 2023

South Korea’s exports fell by 16.2 percent on-year in the first 10 days of March. The main cause was a slow-down in the export of computer chips.

The country’s exports stood at $15.8 billion in the March 1-10 period, compared with $18.8 billion a year earlier.

Imports increased by 2.7 percent on-year to $20.8 billion during the period, resulting in a trade deficit of $4.9 billion.

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