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The trade deficit of the April-November 2022 period is $10 billion lower than preliminary estimates. Experts believe that such large variations significantly affect policy making. ....
With a seven-month consecutive trade deficit logged this year, Korea s exports fell in October for the first time in two years, sending more warning signs to the Korean economy. The decline in the monthly export volume is attributed to various factors, ranging from the global economic slowdown, China s COVID-19 lockdowns, the decrease in the price of memory chips and supply chain disruptions. ....