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South Korean trade intensity increased in the first 20 days of April

Data from South Korea for trade performance in the first 20 days of April:

  • exports +11.1% y/y (led by strong sales of semiconductors, chip exports rose 43% in the first 20 days y/y)
  • imports +6.1% y/y
  • trade balance deficit of USD 2.65bln

In March exports rose 3.1% y/y.

This article was written by Eamonn Sheridan at www.forexlive.com.

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