South Korea Acceleration in Early June Exports Boosting the Trade Surplus to a Record High

South Korea experienced a significant acceleration in early June exports, with per-workday exports rising 8.7% month-over-month. This growth, driven by both tech and non-tech sectors and strong demand from EM Asia, resulted in a record trade surplus of US$17.5bn.

Key Takeaways

• 1.Korea's exports accelerated significantly in early June, with per-workday exports rising 8.7% mom sa.
• 2.The trade surplus hit a historical high of US$17.5bn for the first 20 days of June.
• 3.Growth was broad-based across tech and non-tech products, with exports to EM Asia being a primary driver.

Table of Contents

• Bottom line
• Key numbers
• Main points
• Disclosure Appendix

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial