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South Korea exports forecast to jump in November on tech demand and US trade pact
Korean exports are projected to jump nearly 6% in November, helped by surging semiconductor demand and a renewed US-Korea trade deal.
A Reuters poll of economists anticipates South Korea’s November exports to rise 5.7% year-on-year, driven by strong global semiconductor demand and a fresh U.S. Korea trade agreement. The tech sector is expected to lead gains, with autos and shipments to key markets like the U.S. and China also rising. Economists said improved export momentum could support Korea’s external surplus and cushion domestic growth amid global economic uncertainty and currency pressures.