Economics

In Good Sign for Global Economy, Korea Exports Post Early Double-Digit Gains

  • Export gains slower than May as base effect less supportive
  • Shipments plunged by more than 20% in April, May last year
WATCH: Andrew Tilton, chief economist for APAC at Goldman Sachs Group Inc., discusses the economic recovery in Asia and interest rates.(Source: Bloomberg)
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South Korea’s exports are set to climb by double digits again in June as the global economy shakes off the effects of the pandemic, though a slower pace from recent months suggests the days of outsize gains may have passed.