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South Korea exports seen rising in November on tech demand boost
South Korea’s exports are projected to jump 5.7% in November driven by semiconductor demand and a fresh U.S.–Korea trade agreement, boosting economic outlook.
A Reuters poll forecasts South Korea’s exports for November to grow by about 5.7% year-on-year, powered by robust global demand for semiconductors and a recent U.S. Korea trade agreement. The technology sector is expected to lead the boost, while auto and industrial shipments also show strong momentum. Economists said rising exports could improve trade surplus prospects and support domestic growth amid global economic uncertainty and currency pressures.