South Korea exports accelerated in December - "Grows on Demand From China" cited ...Middle East

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Exports in December +6.6% y/y

expected +4%, previous +1.4%

vs. +3.7% in November

Some of the reports I am seeing cite the improvement on "demand from China increased while semiconductor sales stayed resilient".

to the US +5.5%to the European Union +15.1%

More good news for China? Maybe. I got a bit interested in the Chinese PMIs earlier this week re China:

China official National Bureau of Statistics (NBS) December 2024 PMIs - why the long face?

Economic calendar in Asia - Thursday, January 2, 2025 - China manufacturing PMI

Back to South Korea's trade data:

Imports +3.3% y/y

expected +4.6%, previous -2.4%

Trade Balance 6.49bn

expected 4.21bn, previous 5.586bn This article was written by Eamonn Sheridan at www.forexlive.com.

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