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South Korea's exports drop by 23.8% in early May, hit by fewer workdays and U.S. tariffs.
South Korea's exports plummeted by 23.8% in the first 10 days of May compared to the same period last year, due to fewer working days and U.S. tariffs.
Daily average exports fell by 1.0% to $2.57 billion.
While semiconductor exports rose by 14.0%, other sectors like automotive, oil products, and mobile devices saw significant declines.
Imports also dropped by 15.9% to $14.57 billion, leading to a trade deficit of $1.74 billion.
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Las exportaciones de Corea del Sur caen un 23.8% a principios de mayo, afectadas por menos días de trabajo y aranceles estadounidenses.