Bad Start to Year End for Asian Trade, One Sign of Light for 2020 — Panjiva


Bad Start to Year End for Asian Trade, One Sign of Light for 2020

Business Sentiment 157 China 2100 Japan 441 South Korea 445 Trade Balance 757

South Korea’s international trade activity fell for an 11th month out of the past 12 in November, include a 14.3% slide in exports. That was the 12th straight decline in exports and was equivalent to 12.3% even excluding the volatile shipping industry. Semiconductors and capital goods led the way with a 30.8% and 19.9% slide in shipments respectively, while exports to Japan dropped by 10.9%. The latter includes the fall out of the trade spat between the two countries, though at least there are talks scheduled for later in December that could resolve the issue. While South Korea’s downtur...

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