Reds, this is why the economy is conservative!!

image text translation

(1)Trade deficit exceeds record high of $10.2 billion in 20 days in the new year
(2)Last Modified 20230121 1330
(3)Comments 187.
(4)While exports of semiconductors, the main export items, and exports to China have decreased significantly, the trade deficit exceeded $10 billion in the first 20 days of the new year due to a surge in energy imports such as crude oil and gas. It surpassed the record monthly deficit in August last year in 20 days.
(5)According to the import and export status released by the Korea Customs Service from January 1st to January 20th, 2023, exports from January 1st to 20th were $33.62 billion, down 27 from a year ago.
(6)By item, exports of semiconductor-341 and precision equipment-99 decreased significantly. Semiconductors, the main export item, declined for the fifth consecutive month until last month. If the decline continues until January, it will be the sixth month.

I’m getting drunk.

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