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S. KOREAN EXPORTS DIP 0.4 PCT ON-YEAR IN SEPTEMBER.
SEOUL, Oct. 1 Asia Pulse - South Korean exports dropped 0.4 per cent from a year ago to US$29.5 billion in September due largely to the long thanksgiving holiday, a government report showed Monday.
The Ministry of Commerce, Industry and Energy said that despite strong gains in shipments of ships, steel and petrochemical products, exports fell last month, affected by the five-day-long Chuseok, or South Korea's thanksgiving.
It said there were 19.5 work days last month versus 23.5 work days the year before.
Shorter workdays also caused imports to fall 2.1 per cent to .0 billion last month, resulting in a trade surplus of $2.49 billion, the report said.
Before September, the country posted 19 straight months of double digit export growth.
- S. Korean exports dip 0.4 pct on-year in September.
- News wire article from: YON - Yonhap News Agency of Korea October 2, 2007 700+ words
SEOUL, Oct. 1 (Yonhap) -- South Korean exports dropped 0.4 percent from a year earlier to US$29.5...immediately after a weekend. It said there were 19.5 work days last month versus 23.5 in September 2006. Shorter workdays...
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...SEOUL, Oct. 1 (Yonhap) -- South Korean exports hit an all-time monthly high of US...January-September period, South Korean exports and imports reached $207.90 billion...stronger won usually puts a crimp in South Korean exports by making them more expensive in overseas...
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SEOUL, Aug 22 Asia Pulse - South Korean exports are likely to ease this year as the...economy, which will deal a blow to South Korean exports. Exports, another key growth engine...year," it said in a report. "South Korean exports are not likely to remain as robust...
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...casting a shadow on the future of South Korean exports, private analysts and government officials...accounts for roughly 10 per cent of South Korean exports. A sluggish U.S. market and growing...picture of how it will effect South Korean exports, which have continued to grow by ...
Source: HighBeam Research, S. KOREAN EXPORTS DIP 0.4 PCT ON-YEAR IN SEPTEMBER.