export decline News

South Korea Seeks Tariff Relief in High-Stakes U.S. Trade Negotiations Amid Export Slump

South Korea is engaging in critical trade negotiations with the U.S. to address tariff impositions that have led to a notable decline in exports, particularly in the automotive and...

South Korea's Economy Faces Growing Downside Risks as KDI Issues Fourth Consecutive Warning

The Korea Development Institute warns of increasing downside risks to South Korea's economy for the fourth consecutive month, citing deteriorating external conditions and declining...

UK's Trade Deficit Surges to £10.2 Billion in Q4 2024, Marking a Significant Economic Shift

The UK's trade deficit increased to £10.2 billion in Q4 2024, with goods trade deficit widening and services surplus slightly improving. Exports declined while imports grew.

UK's Trade Deficit Soars to £10.2 Billion in Q4 2024: A Detailed Analysis

The UK's trade deficit surged to £10.2 billion in Q4 2024, with goods trade deficit widening to £59.5 billion and services surplus slightly increasing to £49.3 billion. Exports dro...