A survey of 500 of South Korea's small and medium enterprises (SMEs) revealed that 67.4 percent suffered drops in exports this year.
Of those surveyed, only 8.2 percent said their exports increased from last year, while 24.4 percent said they were the same.
The poll also showed that nearly 50 percent expect their exports to be similar in 2021. round 41 percent expect worse in the coming year, with 9.6 percent expecting improvements.
They cited a global economic slump caused by the coronavirus pandemic as the main reason for their pessimism.
Nearly 53 percent of those SMEs request the government to prioritize securing cargo ships and flights and covering their shipping costs.


Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer
Google Seeks Delay on Data-Sharing Order as It Appeals Landmark Antitrust Ruling
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 



