2023-05-15 04:55:38
April exports of 12.77 billion dollars… Semiconductor exports 40.5% due to weakening ICT demand↓
[서울파이낸스 이도경 기자] The Ministry of Science and ICT announced on the 15th that exports in the information and communication technology (ICT) sector last month were 12.77 billion dollars (approximately 17.8 trillion won), down 35.9% from the same period last year.
The decline in ICT exports has continued for 10 consecutive months since June last year.
Previously, exports in April of last year reached 19.93 billion dollars (approximately 26.66 trillion won), the highest for the same month.
By item, semiconductor exports were $6.48 billion, down 40.5% from the same period last year. The decline continued for 9 months in a row due to weakening demand for ICT devices and falling memory unit prices.
In particular, the decline in exports of memory semiconductors was 54.1%, which was larger than that of system semiconductors (22.1%).
Display exports fell 30.5% to $1.43 billion over the same period. In particular, OLED (organic light emitting diode) decreased by 21.6%, and LCD (liquid crystal display) also decreased by 43.9% due to domestic production reduction.
Mobile phones decreased by 41.6%, 42.3% in finished products and 41.2% in parts, respectively, and communication equipment exports decreased by 14.7% to $200 million.
However, among telecommunications equipment exports, exports to India surged 380.5% to $20 million as equipment imports increased due to the expansion of 5G telecommunications infrastructure.
Looking at the current status of exports by region, exports to China (including Hong Kong), which account for 40% of Korea’s ICT exports, decreased by 39.0% to $5.1 billion.
By country, the proportion of exports to China decreased from 42.1% in November last year to 40.0% last month.
In addition, ICT exports also decreased in major regions other than China, such as △Vietnam 26.7% △US 40.1% △European Union 36.8% △Japan 25.1%.
However, exports of mobile phones to the US, which have recently increased demand for flagship mobile phones, surged 126.9%, and exports of secondary batteries to the US also increased by 22.5% to $390 million.
Last month, the share of ICT exports in the total industry was 25.7%.
Meanwhile, ICT imports were $10.44 billion, down 14.0% from the same month last year. In April, the ICT trade balance recorded a surplus of $2.33 billion.
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