South Korea exports surging again in April
Data from SK for the first 20 days of this month. Comparisons are done on a y/y basis, which will flatter the numbers given the very low base this time last year when the you-know-what was hitting the fan right around the globe.
- exports +45.4% y/y
- imports +31.3% y/y
- trade balance at provisional $-2.03 bln - customs agency
- avg exports per working day +36.0% y/y
- semiconductor exports +38.2% y/y
- exports to China +35.8% y/y