In­dus­trial parts ex­ports plum­met

China Daily (USA) - - BUSINESS -

South Korean ex­ports of in­dus­trial parts and ma­te­ri­als de­clined for the first three quar­ters of this year amid the global eco­nomic slump, a govern­ment re­port re­vealed. Ship­ments of in­dus­trial com­po­nents and ma­te­ri­als reached $185.7 bil­lion dur­ing the Jan­uary-Septem­ber pe­riod, down 6.9 per­cent from the same pe­riod last year, ac­cord­ing to the Min­istry of Trade, In­dus­try and En­ergy. The ex­ports fall came amid weak global de­mand, caused by the lack­lus­ter global re­cov­ery, but com­po­nent ex­ports still ac­counted for 51.1 per­cent of South Korea’s to­tal ex­ports last month.

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