South Korea’s exports fell 7% in the first 20 days of August

Affected by the epidemic, exports in the first 20 days of August fell 7% year-on-year to 23.1 billion US dollars, according to data released by the South Korean customs agency (customs) on Friday. The number of start-up days was 14 days, a year-on-year decrease of 0.5 days, and the average daily export volume decreased by 3.7%. < / P > < p > the export performance of petroleum products (- 39%) and wireless% was low, but the export of computer peripheral products (99.4%) and semiconductor (2.9%) increased. In terms of export destinations, exports to Japan (- 9.7%), Vietnam (- 6.4%), EU (- 1.8%) and China (- 0.2%) decreased, but exports to Canada (25.4%) and the United States (6.2%) increased. Over the same period, imports decreased by 12.8% to 23.3 billion US dollars. So far, in the first 20 days of August, South Korea had a deficit of 290 million US dollars in trade balance. Imports of semiconductor manufacturing equipment (37.9%), semiconductors (14.7%) and machinery (4%) increased, but crude oil (- 37.8%), passenger cars (- 11.2%) and precision instruments (- 5.6%) all declined.