South Korea Exports Fall Less than Expected
In May 2025, South Korea witnessed a 1.3% year-on-year decline in exports, reaching a three-month low of USD 57.27 billion. This figure exceeded market expectations, which anticipated a 2.7% decrease, and contrasted with the 3.7% growth observed in April. This downturn, the first since January, is attributed to the repercussions of tariffs imposed by US President Donald Trump.
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