US EditionSouth Korea Oct exports beat forecasts on solid demand for chips, ships
5 Articles
5 Articles
(Sejong=Yonhap News) Reporter Cha Dae-woon = Amid growing concerns about a slowdown in exports due to the aftermath of Trump's tariffs and the reduction in working days following the long holiday, Korea's exports in October...
S. Korea’s Exports Gain Steam Despite US Tariffs, Holiday Effect
South Korea’s exports rebounded in October as resilient demand for semiconductors outweighed the drag from US tariffs and holiday-related calendar distortions, offering relief for policymakers navigating global trade headwinds.
South Korea Oct exports beat forecasts on solid demand for chips, ships
SEOUL (Reuters) -South Korea’s exports unexpectedly rose in October on robust demand for chips and ships, even as businesses remained cautious amid a global outlook clouded by Washington’s tariff policies, data showed on Saturday. Exports from Asia’s fourth-largest economy, an early bellwether for global trade, stood at $59.57 billion in October, up 3.6% from a year earlier, compared with a forecast for a 0.2% decline in a Reuters poll of econom…
Imports fell 1.5% year-on-year to US$53.52 billion, resulting in a trade surplus of US$6.06 billion.
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