Trade
South Korea’s Chip Exports Lead Trade Gains Fueling Economy
- Headline exports rise 11.7%, imports drop 2%: trade ministry
- Export growth boosts optimism over economic expansion
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South Korea’s export growth continued last month, led by demand for semiconductors, boosting the country’s trade balance to the biggest surplus since 2020 and supporting optimism among policymakers for better-than-expected economic expansion this year.