According to the Korea International Trade Association, South Korea’s exports to China came to US$ 10.34 billion, down 5.3 percent on-year. South Korea’s imports from China came to US$7.38 billion, rising 3 percent from a year ago.
The decline started in July 2015, when South Korea’s monthly exports to China fell 6.5 percent on year.
By item, exports of semiconductors and flat-screen displays and sensors continued at sluggish pace, coming in at US$2.22 billion and US$1.62 billion, respectively.
In addition to exports to China, South Korea’s exports to the US also dropped 4.7 percent in August, while that to Vietnam increased 22.6 percent.
By Choi He-suk (email@example.com)