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COVID 19 impacts Gwangju Jeonnam's Sept. Trade Surplus

코로나 충격에' 광주전남 9월 무역수지 '불황형 흑자'

COVID 19 impacts Gwangju Jeonnam's Sept. Trade Surplus

 

The Gwangju Jeonnam regions' Sept. exports rates have decreased by almost 10% compared to last month.

 

The trade balance remained a surplus, yet the volume of trade dropped significantly compared to the month before.

 

This is according to the Sept. Gwangju Jeonnam Regions' Exports and Imports Trends released by the Gwangju Main Customs on Oct. 16th.

 

Exports decreased by 8% to record $3.58 billion and the imports dropped by 10.9% to record $2.54 billion. This is compared to the same month last year where the trade surplus was recorded at some $1 billion. 

 

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