SK June 1 to 20th trade data:

  • exports +29.5% y/y
  • imports +29.1% y/y
  • trade balance at provisional $+0.291 bln
  • avg exports per working day +33.7% y/y
  • semiconductor exports +28.5% y/y
  • exports to China +7.9% y/y

Y/y results are skewed by significant 'base effects', i.e. comparison with the shocker year of 2020, but still solid results from SK.