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flag South Korea reports a 5.2% drop in April exports, citing reduced demand for cars and oil products.

flag South Korea's exports dropped 5.2% in the first 20 days of April, totaling $33.87 billion, with a trade deficit of $137 million. flag The decline was mainly due to reduced demand for cars and oil products, although semiconductor exports rose by 10.7%. flag Imports fell by 11.8% to $34.01 billion. flag The Korea Customs Service also found $20.81 million in violations of country-of-origin labels, mostly from goods intended for the U.S. to evade tariffs.

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