South Korea's exports rise for 7th month in a row on growing chip demand / is on Nostr

South Korea's export performance in December, South Korea-China trade balance, South Korea's export performance in April

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2024-06-12 13:15:49

South Korea's Exports to the United States Poised to Surpass Those to China for the First Time in 22 Years
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#7794f30a ver:0.23
South Korea's exports to the United States are set to surpass those to China for the first time in 22 years. From January to May, exports to the US reached $53.3 billion, slightly higher than exports to China. This shift is driven by the automobile and secondary battery sectors, with large Korean companies leading the surge. If this trend continues, it will be the first time since 2002 that exports to the US exceed those to China. However, China's recovering economy may impact export trends. #SouthKorea #exports #US #China...
#newstr #SouthKorea #Exports #UnitedStates #China
https://here.news/story/7794f30a?ver=0.23

2024-06-08 17:05:49

China's Exports Beat Expectations, Surging 7.6% in May Despite Trade Tensions
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#7794f30a ver:0.2
China's exports surge 7.6% in May, beating expectations, driven by recovery in overseas demand and support for domestic demand. Trade tensions with US and Europe pose risks, but tariffs may boost exports in the short term. China's target of 5% economic growth requires more policy support. #ChinaExports #TradeTensions #EconomicGrowth...
#newstr #China #Exports #ForeignTrade #EconomicGrowth #GlobalTrade
https://here.news/story/7794f30a?ver=0.2

2024-06-07 12:04:20

China's Exports Beat Expectations, Surging 7.6% in May Despite Trade Tensions
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#7794f30a ver:0.19
China's exports defy trade tensions, surging 7.6% in May to $302.35 billion, beating expectations. Imports rose by 1.8% to $219.73 billion, expanding the trade surplus to $82.62 billion. ASEAN remains the largest market for Chinese goods, with exports increasing by 9.7%. Despite US and Europe trade tensions, foreign tariffs may even boost exports. China's recovery from COVID-19 requires more policy support for its 5% growth target. #China #exports #trade #economy...
#newstr #China #Exports #TradeTensions #EconomicGrowth #Tariffs #Asean
https://here.news/story/7794f30a?ver=0.19

2024-06-07 08:03:30

China's Exports Surge in May, Trade Surplus Expands Amidst Trade Tensions
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#7794f30a ver:0.18
China's exports surge in May, surpassing expectations and indicating a strong recovery in global demand. Import growth also rises, reflecting increased domestic consumption. China's trade surplus expands, highlighting the strength of its export sector. This positive trend gives hope for meeting economic growth targets. South Korea's exports to China exceed those to the US, while Vietnam experiences a decline in trade. Indonesia records a trade surplus, but the US trade deficit widens. #China #exports #trade #economicgrowth...
#newstr #China #Exports #GlobalDemand #EconomicRecovery
https://here.news/story/7794f30a?ver=0.18

2024-06-01 03:55:40

South Korea's Exports Continue to Grow, Trade Data Shows Export Momentum Rising
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#7794f30a ver:0.1
South Korea's exports continue to grow, with outbound shipments increasing by 11.7% in May. Strong demand for chips and growth in other sectors like automobiles and ships contribute to the broad-based recovery. South Korea's trade surplus reaches its highest level since December 2020. Meanwhile, Vietnam experiences a decline in trade, but still achieves a trade surplus. Hanoi sees an increase in exports, particularly in industrial product groups. China's exports rise, driven by demand from emerging markets. China needs to focus on boosting domestic consumption for a balanced economic recovery. Indonesia records a trade surplus, helping stabilize its economy amid global uncertainty. #SouthKorea #exports #Vietnam #China #Indonesia #trade...
#newstr #SouthKorea #Exports #TradeData #ChipSales #Automobiles #Ships #UnitedStates #China #Imports #TradeSurplus
https://here.news/story/7794f30a?ver=0.1

2024-05-13 01:04:01

South Korea's exports rise for 7th month in a row on growing chip demand
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#7794f30a ver:0.06
South Korea's exports rise for 7th month on chip demand, with outbound shipments increasing by 13.8% to $56.26 billion. Trade balance with China turns negative for the first time in 31 years, attributed to China's economic slowdown and COVID-19 impact. Vietnam's trade declines, but achieves a trade surplus of $26 billion. Hanoi's exports increase by 9% to $5.8 billion, with significant growth in various industries. China's exports grow 1.5% in April, while imports rise 8.4%, resulting in a trade surplus of $72.35 billion. #SouthKorea #China #Vietnam #Hanoi #ChinaTrade...
#newstr #SouthKorea #China #Vietnam #Hanoi #Exports #Imports #TradeBalance #EconomicGrowth #TradeSurplus
https://here.news/story/7794f30a?ver=0.06

2024-05-01 09:05:29

South Korea's exports rise for 7th month in a row on growing chip demand
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#7794f30a ver:0.04
South Korea's exports rise for 7th month in a row, driven by strong chip demand. Exports to US reach record high, while exports to China decline, resulting in a trade deficit. Vietnam's trade declines, but achieves trade surplus driven by foreign-invested sector. Both countries focus on boosting exports and investing in semiconductor industry. #SouthKorea #exports #chipdemand #China #Vietnam #tradesurplus #semiconductor...
#newstr #SouthKorea #Exports #Trade #ChipDemand #Vietnam
https://here.news/story/7794f30a?ver=0.04