S. Korea's exports on course to fall below 3% of global trade, a first since 2008

세계무역서 한국 비중 11년만에 3%선 무너질듯…"잇단 악재 탓"

South Korea's exports this year, as a proportion of global trade, are looking more and more likely to fail to break the 3-percent mark... for the first time in 11 years.
This is because of a variety of headwinds facing the country, including the U.S.-China trade war, Japan's trade restrictions on Korea and a slowdown in the semiconductor industry.
According to the Korea International Trade Association and the IMF, in the first eight months of the year, total world trade was worth some 12-and-a-half trillion dollars.
Korea made up 2-point-9 percent of that.
The proportion had steadily risen over the decades, finally reaching 3 percent in 2009, a level it's since maintained.

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