South Korea Export Momentum Sustained on Electronics Demand

  • Chip exports gain almost 40% despite fewer working days
  • US continues to rival China as leading source of demand
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South Korean exports driven by gains in electronics have continued to grow so far this month, supporting the view that trade can regain strength this year and help prop up economic growth.

The value of shipments adjusted for working-day differences increased 9.9% from a year earlier in the first 20 days of February, according to data released Wednesday by the customs office.