South Korea exports to snap 15-month gains on US tariffs, IT slowdown
South Korea's exports are expected to have fallen for the first time in 16 months on U.S. tariff uncertainty and a slower tech sector, a Reuters poll showed, underscoring risks for trade-reliant economies from the Trump administration's policies.
January exports plunge 10% as South Korea records trade deficit after 20 months
Exports of semiconductors, the largest export item, reached $10.1 billion (+8.1%), marking the second highest performance for January (first place: $10.8 billion in 2022). Exports of semiconductors have maintained a positive trend for 15 consecutive months and have exceeded $10 billion for nine straight months.
South Korea’s Early Trade Data Show Weak Export Growth
South Korea’s early trade data showed weak export growth so far this month, as headwinds grow for the trade-reliant economy with political turmoil rumbling on at home and Donald Trump’s return to power clouding the outlook for global commerce.
South Korea Exports Off to Weak Start in 2025
South Korea’s exports started the year on a soft ... according to preliminary data released by the trade ministry on Saturday. That marked the first on-year decrease since September 2023.
South Korea Exports Stay Resilient as Trump Tariff Threat Looms
South Korea’s exports maintained growth momentum in January, keeping optimism alive at the start of a year overshadowed by domestic political turmoil and Donald Trump’s tariff threat.
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South Korea: South Korea's Kospi falls 2.52% amid rising trade tensions
On Monday, the Kospi index fell 2.52% as US tariffs on Mexico, Canada and China raised concerns among South Korean companies ...
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South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects
A US exploration firm has discovered 14 potential oil and gas prospects in South Korea's East Sea, raising hopes for domestic ...
Trump's trade war with tariffs poses risks to Korean firms
South Korea’s economy has come under direct impact as US President Donald Trump signed an executive order on Saturday ...
Factory activity slowed across Asia before Trump’s trade war kicked off
Hong Kong - Factories across Asia expanded at a lacklustre pace in January as demand cooled, ahead of a trade war that US ...
South Korea acting president hopes for reciprocal ties with Trump administration
South Korea's acting president Choi Sang-mok said on Tuesday he hoped for bilateral relations with Washington to develop more ...
North Korea slams Rubio for calling it ‘rogue’ state in 1st direct criticism of new Trump government
North Korea has lashed out at U.S. Secretary of State Marco Rubio for calling it a “rogue” state and warned that such remarks ...
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Trade minister vows to 'effectively' respond to possible impact from U.S. tariffs
South Korea's trade minister on Monday vowed to "effectively" respond to the possible impact on the country's exports and ...