S. Korea’s Exports Extend Momentum on Solid Chip, Auto Strength

South Korea’s exports remained solid in November, buoyed by robust demand for semiconductors and autos, offering reassurance for policymakers as they navigate a wave of global protectionism.

Shipments adjusted for working-day differences climbed 13.3% in November from a year earlier, after a 14% gain in the previous month, according to data released Monday by the customs office. Headline exports climbed 8.4%, following a revised 3.5% increase in October. Imports rose 1.2%, resulting in a trade surplus of $9.7 billion.