It seems Japanese businesses have been hit twice as hard as Korean exporting firms,... from the fallout of Tokyo's decision to impose export curbs on South Korea.
Based on the latest data from both governments and industry sources,... Japanese exports to Korea between July and October tumbled 14 percent on-year,... to roughly 15 billion dollars.
By comparison, South Korean exports to Japan fell seven percent on-year during the same period,... hitting 9-point-four billion dollars.
Japan on the fourth of July placed restrictions on shipments of three key IT components to South Korea,... which is its third largest export market.
The two sides have recently agreed to discuss ways to patch up their trade ties.
#Japan #trade #export
Arirang News Facebook:
0 Comments