South Korea’s automotive export marked the first fall in 20 months in February due to less business days, government data showed Tuesday.
Car shipment slipped 7.8 percent from a year earlier to 5.16 billion U.S. dollars in February, according to the Ministry of Trade, Industry and Energy.
The number of exported vehicles was 198,653 in February, down 11.0 percent from a year earlier.
The reduction was attributed to less working days, caused by the Lunar New Year’s holidays.
Export for eco-friendly cars declined 15.3 percent to 1.71 billion dollars last month, logging the first decrease in 15 months.—Xinhua
