Korea's exports to the US surpassed those to China in 2023. Total exports fell 7.4 percent due to chip performance and global economic uncertainties, while solid automobile exports and semiconductor recovery countered some losses.
Outbound shipments reached $33.79 billion in the Nov. 1 to Monday period, compared with $33.07 billion tallied a year earlier, according to the Korea Customs Service data.
Korea's exports rose 3.2 percent on-year in the first 10 days of November, data showed Wednesday.
Shipments are returning to normal after a trucker strike ended Wednesday with a possible extension of measures that support cargo rates.
After many twists and turns, seven million doses of Moderna’s Covid-19 vaccine will arrive in the next two weeks, the government said Sunday — still less than the amount originally planned for August.
The U.S. drugmaker Moderna pledged to expand and speed up shipments of Covid-19 vaccines after leaving Korea in the lurch this summer.
Dangjin Mayor Kim Hong-jang (fifth from left) and other participants press a button to celebrate the completed construction of the HyNet Dangjin Hydrogen Shipment Center, located within Hyundai Steel’s Dangjin factory in South Chungcheong. [YONHAP]
Exports by Korean small and medium enterprises sank at a double-digit rate in the second quarter of the year due to the coronavirus pandemic, government data showed Wednesday.
Korea JoongAng Daily Sitemap