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S Korea's trade slump deepens in April

Exports fall 11.2% and imports drop 14.9%; govt not upbeat about May

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HIT HARD: Exports of steel, cars and machinery slump 17.4 per cent, 18.3 per cent and 15.6 per cent respectively.

Seoul

SOUTH Korean exports fell at a sharper pace in April as fewer working days ate into shipments already suffering from weak global demand and low global commodity prices, and the trade ministry said it was not optimistic about conditions in May.

Preliminary data showed April