Analytical Reviews

Bekommen Sie die neuesten wirtschaftlichen Nachrichten von ForexMart, einschließlich Updates aus Finanzmarkt, Zentralbankpolitiksankündigungen, finanzielle Indikatoren und andere relevante Nachrichten, die die Branche beeinflussen können.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Slow Korean Export Growth May Affect International Trades


November, 21 2018
watermark Economic news

Exports from South Korea to China has decreased, as well as the shipments of semiconductor that added concerns to the progress of global trade amid the economic conflict between the US and Beijing.

The preliminary trade data from the period of November 1 to 20 has shown a decline of 4.3 percent in exports to China, which has been the first decline outside the holiday since late 2016. It follows a decline for seven consecutive months higher than the 20 percent in the early readings.

Moreover, the growth of chip exports has also declined to 3.5 percent in comparison to the gains estimated to be at 35 percent for every month from January to September of 2018. This implies a faster decline in the global tech sector where Korea has been the main supplier.

The preliminary data did not exactly match the final output to this year with 2017 which may raise a slight concern. In general, exports were recorded to grow by 5.7 percent for the first 20 days of November than last year.

In case the whole-moth figure did not turn our positively, this reflects the status of China’s economy in a poor performance since November that is “worrisome”, according to an economist at Meritz Securities Co. in Seoul, Stephen Lee.

hinterlassen

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.