Semiconductors, Not Geopolitics Are The Driver South Korea’s September Slump — Panjiva
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Semiconductors, Not Geopolitics Are The Driver South Korea’s September Slump

Info Tech - Tech Hardware 791 Japan 599 South Korea 573 Trade Balance 932

South Korea’s international trade activity fell 8.9% year over year in September, including a 10th straight decline in exports of 11.6% – or 12.8% if excluding the volatile shipping industry. The trade spat with Japan, which recently included the bilateral removal of trusted trader status, may not yet be having a significant effect. South Korea’s exports to Japan only fell 5.9% while its imports fell by 8.6%. Semiconductors continue to be the main drag on South Korea’s exports, with a slump of 31.5% in shipments representing two-thirds of the decline in the country’s exports in aggregate...

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