The AI wave drives a 48% increase in South Korea's exports, with semiconductors as the core engine of trade growth.
According to the Zhicheng Finance APP, South Korea's export performance in April continued to show strong momentum, despite the increasing risk of rising energy prices caused by the turmoil in Iran, semiconductor demand remained strong and continued to support export growth. The Ministry of Trade stated on Friday that after adjusting for differences in working days, the export value increased by 48% compared to the same period last year; the unadjusted export value also increased by 48%, compared to the revised 49.2% increase for the entire month of March. Import value increased by 16.7% during the same period, resulting in a trade surplus of 23.8 billion US dollars.
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