Exports expected to remain solid in Q4 following US tariff deal: think tank
Korea's exports are expected to remain solid in the fourth quarter, supported by strong semiconductor demand and limited impact from U.S. tariff measures following a recent agreement, a state-run research institute said Friday. Exports, a key driver of Asia's fourth-largest economy, are projected to reach around $175 billion in the October-December period, matching the level recorded a year earlier, according to the Overseas Economic Research Institute under the Export-Import Bank of Korea (Eximbank). For the full year of 2025, exports are forecast to rise 1.7 percent year-on-year to about $695 billion, it added. The institute attributed the outlook to rising semiconductor prices since the third quarter, better-than-expected economic performance in major export markets and increased machinery orders stemming from major defense contracts. In October, exports rose 3.6 percent year-on-year to $59.57 billion, marking year-on-year growth for the fifth consecutive month, though shipments to the U.S. fell 16.2 percent to $8.71 billion due mainly to tariff effects. "The risk of export declines apWeiter zum vollständigen Artikel bei Korea Times
Quelle: Korea Times