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South Korea’s export posts double-digit fall

South Korea’s export posted a double-digit fall for the first time in 10 years in 2019 owing to external uncertainties such as the global trade spat, cheaper crude oil and the downturn of business cycle in the global semiconductor industry, a government report showed Wednesday.

Export, which accounts for about half of the export-driven economy, amounted to 542.41 billion U.S. dollars in 2019, down 10.3 percent from the previous year, according to the Ministry of Trade, Industry and Energy.

Read more on Xinhua.





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