Economics

Korea’s Exports Recovery on Track With Smaller Daily Drop

Chip exports also rise in a sign of resilient tech demand
Rekindling of U.S.-China tensions threatens export momentum

Watch: Kathleen Oh, Korea economist at Bank of America Securities, discusses South Korea’s August trade data and her outlook for the economy.(Source: Bloomberg)

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By Sam Kim

August 31, 2020 at 8:09 PM EDT

Updated on

August 31, 2020 at 9:22 PM EDT

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South Korea’s exports slump continued to ease in August based on average daily figures, suggesting global commerce is picking up momentum as more economies reopen from lockdowns.

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