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Roundup: S. Korea’s export falls for 7th month in April

SEOUL, May 1 (Xinhua) — South Korea’s export fell for the seventh straight month on soft global demand for locally-made products, especially semiconductors, leading the country to post trade deficits for the 14th successive month, government data showed Monday.

Export, which accounts for about half of the export-driven economy, diminished 14.2 percent from a year earlier to 49.62 billion U.S. dollars in April,