South Korea's export fell 0.2 percent in March from a year earlier after growing 4.3 percent in the previous month, a government report showed Wednesday.
Export, which accounts for about half of the export-driven economy, amounted to 46.91 billion U.S. dollars in March, down 0.2 percent from a year earlier, according to the Ministry of Trade, Industry and Energy.
Import slipped 0.3 percent to 41.87 billion U.S. dollars, sending the trade surplus to 5.04 billion U.S. dollars. The trade balance stayed in black for 98 straight months.
The outbound shipment made the first rebound in 15 months in February, but it turned downward in March on the effect of the COVID-19 outbreak across the world.
The daily average export declined 6.4 percent in March, after sliding 11.9 percent in February.
In terms of volume, the shipment advanced 13.1 percent in March from a year earlier, continuing to expand for two straight months. It was the fastest increase in 17 months.
Source: Xinhua |
