Reported 3 days ago
In December, South Korea's exports continued to grow, propelled by increased demand from China and stable semiconductor sales. The trade ministry reported a 4.3% rise in adjusted shipment values compared to the previous year, and a 6.6% increase in unadjusted exports, resulting in a trade surplus of $6.5 billion. However, the country faces political turmoil and challenges from external economies, including potential US protectionist policies impacting trade dynamics. Looking ahead, the outlook for 2025 suggests slower export growth as economic conditions evolve.
Source: YAHOO