South Korea trade data for June, both exports and imports surge as trade recovers
South Korea trade data for June, the y/y data subject to base effects.
- exports +39.7% y/y (reuters poll +33.6%)
- imports +40.7% y/y (reuters poll +33.0%)
- trade balance at provisional $+4.44 bln vs $+2.94 bln in May
- exports to China +14.3% y/y
- semiconductor exports +34.4% y/y