BFM Podcast

South Korea's Sliding Export Numbers

Tan KW
Publish date: Fri, 02 Aug 2019, 12:41 PM

Carlos Casanova, Chief Asia Economist, Coface

02-Aug-19 07:30

South

South Korea is the world's sixth-largest exporter and the persistent weak global demand and an escalating dispute with Japan is painting an increasingly gloomy picture for Asia's fourth-largest economy. As a result, South Korea's exports tumbled for an eighth straight month in July with exports shrinking 11% in July on-year as shipments to China fell 16% and semiconductor exports sank just over 28%.

00:49 - We speak to Carlos Casanova, Chief Asia Economist with Coface on the economic situation in South Korea as well as some development in Hong Kong as a result of the protest.

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