Economics
Korea Export Recovery Continues With Daily Shipments Rising
- Korea’s tech-heavy exports like chips and displays do well
- Rising virus cases in Europe and U.S. threaten Korean exports
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South Korea’s exports recovery continued in October with daily shipments pointing to a continued pickup in overseas demand, even though a national holiday reduced working days and hurt headline figures.
The value of total shipments abroad fell 3.6% from a year earlier, the trade ministry said Sunday. Economists had forecast a 3.5% decline. Average daily shipments still rose 5.6%, with the period having two fewer business days than last year.