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Trade deficit of $10 billion, consumption decline, Chinese demand weakening, deflation strengthening Deflation in China is growing due to weakening demand, and Korea has a trade deficit of $10 billion last year due to a decline in trade with China, indicating a continued recession due to falling imports and decreased consumption. According to the Korea National Statistical Office, the amount of ..

Vietnam and Canada gain from US-China trade reorganization, South Korea's consecutive trade deficit Reworked trade rules between the US and China led to China relocating factories to Vietnam and Mexico as an investment, and the US increased the share of low-cost imports from these countries, which contributed to inflation in the US, he said. Regarding Korea's consecutive trade deficit, Reuters, ..

Kyong-ho Choo failed to hit the low in May, and the trade deficit widened. IMF 1.4% ADB 1.3% growth rate decline In July, as the decline in semiconductor exports and exports to China became a fatal blow, Deputy Prime Minister Choo Kyung-ho's economic stimulus measures at the "low point in May" failed, and the IMF lowered this year's economic growth forecast to 1.4%, while the ADB lowered it to 1..

China's May exports plummeted, 'year-end bottom of the second half of this year' China's May exports plunged four times more than expected, prompting analysts to "decrease further in the second half of the year and hit the bottom at the end of the year." On the 22nd of last month, Deputy Prime Minister Choo Kyung-ho presented the 'lowest point in May' at the National Assembly, strengthening econ..

Current account deficit $4.4 billion Manufacturing employment 100,000 youth 137,000 decrease The current account deficit of 4.46 billion dollars in the first quarter worsened the deformed economic structure in which the number of employed in manufacturing decreased by 97,000 and increased by 440,000 only among those in their 60s. The Bank of Korea's current account deficit of $4.46 billion in th..

Semiconductor production plunged 17.1% in February, the largest decline in semiconductor production since December 2008 (-18.1%) during the financial crisis, and Samsung Electronics' operating profit in the first quarter was expected to drop by 89%. According to the data from the National Statistical Office for February, the mining industry (11.9%) increased from a decrease in manufacturing (-3...

Exports of major automobiles plummeted and semiconductors weakened, leading to a decline in exports to China and the United States, leading to a trade deficit of $20 billion. The trade deficit widened to a maximum of $7.642 billion until the 20th, and the trade surplus sharply turned from $236 million in the same period of the previous year. This year's cumulative trade deficit of $15.469 billio..

As imports from Korea and Japan rose concurrently, the import growth rate in August significantly outpaced imports and exports. South Korea's exports in August were $53.23 billion, an increase of 34.9% from the same period of the previous year, and imports were $51.56 billion, up 44.0%, a surplus for the 16th consecutive month. In the early to mid-August (days 1-20), exports surged 37.0% year-on..