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[Monitor] S. Korea’s exports shore up

South Korea’s exports in July declined by a single digit percent in four months after showing a double-digit drop for three consecutive months, data showed Sunday.

The Ministry of Trade, Industry and Energy said the nation’s exports fell 7 percent on-year to $42.83 billion last month.

In the aftermath of COVID-19, Korea’s monthly exports fell 25.5 percent in April, 23.6 percent in May and 10.9 percent in June, marking the third consecutive month of double-digit decline.