청 "Exports from July to September Show Quite Robust Trend"

Despite COVID-19, Corporate Production Sites Keep Running... "Automobile Market Share in the US Hits Highest Level in Years"

[Asia Economy reporters Ryu Jeong-min and Kim Dong-pyo] The Blue House has assessed that South Korea's exports in July, August, and September have shown a steady trend.

Lee Ho-seung, the Blue House Chief Economic Secretary, analyzed during a briefing at the Chuncheon Press Center on the afternoon of the 7th, "Exports recorded a positive growth for the first time in September. Exports in July, August, and September have shown a considerably steady trend."

Unlike major countries facing economic difficulties amid the COVID-19 situation, South Korea is showing signs of recovery.

[Image source=Yonhap News]

Lee explained, "From June, July, August to July, August, September, the export market conditions improved as the United States, China, Europe, and Southeast Asia lifted lockdowns."

He added, "Shipbuilding recorded the world's highest order volume in July, August, and September, and the automobile market share in the U.S. reached its highest level in several years. In terms of production volume, it ranked fourth in the world."

He diagnosed, "In a situation where global trade volume has decreased, if we maintain a high market share, we believe we will have a great opportunity when the economic situation normalizes."

This content was produced with the assistance of AI translation services.