Free Trial

Early January Export Data Up 11.2% Y/Y

SOUTH KOREA

The first 10-days of January trade data for South Korea showed further improving trends for export growth.

  • We were up 11.2%y/y terms and there was no difference with the daily average print. Chip exports were +25.6%, car exports +2.2%. By country exports to China rose 10.1% and remained firmed to the US, +15.3%.
  • Note full month exports for Dec were up 5.1% in y/y terms.
  • Imports for the first 10-days were down -8.3% y/y. The trade deficit was still just over $3bn, but this tends to improve as the full month progresses.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.