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INTERNATIONAL > East Asia & Pacific

Japan’s exports to South Korea plummet

Tuesday’s Asahi took up trade statistics for September released on Monday by the Finance Ministry showing that the volume of Korea-bound goods declined 15% from last year. While noting that exports decreased 9.4% in August, the paper attributed the accelerated plunge to the Korean boycott of Japanese products. As food and auto exports reportedly plunged by 62% and 49%, respectively, the paper predicted that Japanese manufacturers of these products may be forced to conduct a review of their business strategies for South Korea.

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