Blame Consumers (Mostly), Not Trade War For Korea’s Export Slowdown (For Now) — Panjiva


Blame Consumers (Mostly), Not Trade War For Korea’s Export Slowdown (For Now)

Industrials - Capital Goods 265 Info Tech - Comms Equip 118 Info Tech - Tech Hardware 378 South Korea 383

South Korea’s international trade growth slowed to 7.6% on a year earlier in November from 8.9% in the prior three months. That was down to a drop in export growth to 4.5% on the back of lower consumer electronics sales. Exports of mobile phones slumped by 44.0%, part of a global trend of lower phone shipments. Televisions and home appliances also continued to decline. Semiconductor growth also slowed to 11.6% and was was the weakest rate of expansion in over two years. Sales to China actually fell by 2.5%. They may fall further if Chinese manufacturers see a reduced urgency to export to...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.