South Korea 1 – 20 November commerce information: Exports bounce 5.eight% y/y

South Korean commerce information for the primary 20 days of the month is encouraging for exports:

• +5.eight% y/y vs. a -Zero.2% for October (full month)

Not a lot for imports:

• -1.Zero% y/y

Morgan Stanely famous dangers for SK from the brand new incoming US admin:

• “Provide chains would face vital rewiring pressures, and the disruption confronted by the company sector would meaningfully sluggish the capex cycle,”
• “Asia’s development might decelerate meaningfully, with the extra trade-oriented economies like Korea and Taiwan going through extra downward strain.”

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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