The Thai Ministry of Commerce said on September 20 that the country’s exports dropped 4 percent in August from a year earlier after an unexpected rise in the previous month.
The Republic of Korea (RoK)’s exports to 10 members of the Association of Southeast Asian nations (ASEAN) in the first half of 2018 gained 5.9 percent to 48.93 billion USD, making the bloc its second-largest export market.
The economy of the Republic of Korea (RoK) is maintaining its current recovery pace on the back of brisk exports and increased private spending investment, according to a monthly report of the country’s Strategy and Finance Ministry on April 13.
Exports of the Republic of Korea (RoK) in March 2018 rose 6.1 percent year-on-year, marking an increase for the 17th consecutive month, said the country’s Ministry of Trade, Industry and Energy.
Exports of the Republic of Korea rose 9.3 percent on-year during the first 20 days of March on the back of brisk sales of semiconductors and petrochemicals, Yonhap News Agency reported.
The newly signed free trade agreement between Vietnam and the Republic of Korea (RoK) will open up opportunities for export and reduce Vietnam’s current trade deficit with the RoK.