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Japanese export firms suffer twice as hard as S. Korean companies after Tokyo's export curbs Updated: 2019-12-15 21:56:39 KST

Latest figures show Japanese businesses have been hit twice as hard as Korean exporters by Tokyo's decision to impose export curbs on South Korea.
Based on new data from both governments and industry sources, Japanese exports to South Korea between July and October tumbled 14 percent on-year, to roughly 15 billion dollars.
By comparison, South Korean exports to Japan were only down seven percent on-year during the same period at 9.four billion dollars.
In July, Japan placed restrictions on shipments of three key IT components to South Korea, which is its third largest export market.
The two sides have recently agreed to discuss ways to patch up their trade ties.
Reporter : osy@arirang.com
KOGL : Korea Open Government License
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