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.
The material has been provided by InstaForex Company – www.instaforex.com
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