Data from South Korea shows exports falling y/y in the first 20 days of the month

South Korea 1 – 20 October trade data:

Exports -2.9% y/y

semiconductor exports +36.1%cars -3.3%to China + 1.2%to the United States -2.6% to the European Union -8.9%

Import -10.1% y/y

Info via Reuters.

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While exports declined y/y in October this comes after the September data showed exports rose for the 12th month in a row.

This article was written by Eamonn Sheridan at www.forexlive.com.