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Korea's exports struggle in ASEAN, China markets

Korea s exports to ASEAN markets are declining - an unwanted path for the country eyeing the region as an alternative to China amid growing needs to diversify trade partnerships. According to the Ministry of Trade, Industry and Energy, Korea s outbound shipments to 10 ASEAN member countries combined shrank for the past six months from a year before - 5.7 percent in October, 14.2 percent in November, 16.9 percent in December, 19.4 percent in January, 16.1 percent in February and 21 percent in March. ....

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