4 Articles
4 Articles
South Korea’s April Exports Hit Record as Semiconductors Offset U.S. Tariff Pressures
South Korea’s Ministry of Trade, Industry and Energy reported that April 2025 exports rose 3.7% year-on-year to $58.21 billion, marking the highest April figure recorded. This growth surprised most analysts, who expected a decline, and surpassed the previous April record set in 2022. Imports fell 2.7% to $53.32 billion, resulting in a trade surplus of […]
South Korea posts April exports gain driven by chips
South Korea’s exports rose in April, driven by strong semiconductor sales, trade data showed Thursday, as trade tensions over US tariffs persist. The country, Asia’s fourth largest economy, remains one of Washington’s key trading partners and home to powerhouse chip and auto industries. Its exports in April totalled $58.2 billion, up 3.7 percent year-on-year, according to Korea Customs Service. According to other data released by the trade minis…
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