S. Korea retains position as 7th largest exporter in 2020

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(The Korea Herald)

With 5.5% decline, country‘s overseas performance relatively good compared to other economies

Despite the fallout from the ongoing trade dispute and COVID-19 pandemic, South Korea retained its position as the world’s seventh-largest exporter in 2020, showed data released by the World Trade Organization on Sunday. 

According to the WTO report on trade trends of major economies in 2020, Korea’s ranking in global trade was in seventh place last year, unchanged from the previous year. 

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