Japan Beer Exports to S. Korea Dive to Near Zero in Sept.

Economy Politics

Tokyo, Oct. 30 (Jiji Press)--Japan's beer exports to South Korea in September plummeted to only 580,000 yen from 784.85 million yen a year earlier, amid the two countries' spat over trade and history issues, Japanese data showed Wednesday.

Beer exports slumped further from the August total of 5.09 million yen, indicating a spreading boycott of Japanese goods in South Korea, according to the Finance Ministry's additional trade data.

Before the bilateral relations started to worsen rapidly this year, monthly beer exports to South Korea ranged roughly between 300 million yen and 800 million yen from January 2018.

The new data also showed that exports of hydrogen fluoride, used in semiconductor production, to South Korea in September fell 99.4 pct to 3.72 million yen. The chemical is one of the three semiconductor materials affected by Japan's tightening of export controls against South Korea in July.

According to the ministry's preliminary trade data released earlier this month, automobile exports to South Korea dropped 48.9 pct to 3,927 million yen in September.

[Copyright The Jiji Press, Ltd.]

Jiji Press