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S KOREA'S EXPORTS DECLINE 0.6 PCT TO US$14.34 BLN IN MARCH.

AsiaPulse News

| April 02, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, April 2 Asia Pulse - The country's export fell 0.6 per cent in March from a year earlier to US$14.34 billion, the Commerce, Industry and Energy Ministry said Sunday.

It marked the first decline since April 1999 when the export fell 4.7 per cent.

The ministry attributed the fall to the downturn of the U.S. economy and the sluggish automobile shipment on abnormal operations of ailing Daewoo Motor Co.

During the reported month, semiconductor and computer exports dropped 24 per cent and 9 per cent, respectively, while automobile export fell 7 per cent.

Shipment to the United States and Japan declined 2 per cent and 3 ...

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