South Korea’s Early Trade Data Show Export Momentum Continues
The Busan Port Terminal in Busan, South Korea.
Photographer: SeongJoon Cho/BloombergSouth Korea’s early exports continued to grow in November, supported by sustained demand for semiconductors even as steep US tariffs on autos weighed on trade momentum.
The value of shipments adjusted for differences in the number of working days increased 8.2% from a year earlier in the first 20 days of November according to data released Friday by the customs office. That compared with a 14% gain reported for the full month of October.