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Following Corona 19, exports in April fell a quarter compared to the previous year.
The trade balance became a deficit after 8 years.
Given that major export markets, such as the United States and Europe, are still at war with Corona 19, the government’s diagnosis is that the situation will not rust.
Reporter Lee Hak-soo covered.
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Pyeongtaek Port, Gyeonggi-do, the gateway to domestic car exports.
Cars from all over the world are waiting for shipment.
Previously, it shipped up to 2,500 units per day, but only 1,800 units were shipped this day.
[부두 작업 노동자]“Because everyone is detained abroad (even in the port), there are no people to unload. Therefore, you cannot export (export) from here.”
Last month, when Corona 19 spread to the world, car exports fell 36.3% from a year earlier.
As other major export items, such as semiconductors, steel, and petroleum products, also deteriorated, total exports in April fell 25% to $ 36.9 billion.
The trade balance, which has been in the running of the surplus, has become a deficit.
99 months have passed since January 2012.
The government does not need to look too negatively at the trade deficit.
The reason the decline in imports was relatively small compared to that in exports is that as corona19’s expansion in Korea increased, companies brought in the parts and equipment necessary to operate the plant.
[나승식/산업통상자원부 무역투자실장]“In the Corona 19 situation, our manufacturing industry operated normally without interruption (disruption), and the trade deficit was inevitable due to constant importation of intermediate and consumer products.”
The government predicted that the performance of exports in May will depend on the calm periods of the Crown19 of the United States and Europe.
This is Haksoo Lee from MBC News.
(Video coverage: Yoon Byung-soon / Video editing: Choi Seung-ho)