South Korea Jan exports revised down to 0.7% fall

[SEOUL] South Korean exports in January slipped 0.7 per cent from a year earlier, revised customs data showed on Friday, slightly weaker than a preliminary 0.4 per cent decline reported earlier.

Shipments to the United States were revised down to a 14.8 per cent gain from a 15.2 per cent rise estimated earlier. Exports to China rose 5.3 per cent whereas sales to the European Union fell 23.0 per cent, both unchanged from the preliminary data.

The revised data put January's average exports per working day at US$1.92 billion, edging down from US$1.93 billion estimated earlier in the month.

REUTERS