S.Korea's Feb 1-20 exports rise, but China shipments down as coronavirus hurts
SEOUL, Feb 21 (Reuters) – South Korean exports rose 12.4% in the first 20 days of February from a year earlier, customs data showed on Friday, though shipments to China fell as a coronavirus outbreak there upended supply chains and hit global demand.
Exports to China, where the virus is believed to have originated, slid 3.7% year-on-year in the 20-day period, the Korea Customs Service data showed. China is South Korea’s biggest trading partner and takes in a quarter of total overseas sales.
Global shipments of semiconductor, the nation’s major exporting product, jumped 15.4% in value.
Average exports per working day, however, tumbled 9.3% during the period. (Reporting by Joori Roh, Cynthia Kim Editing by Shri Navaratnam)
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