South Korea’s Exports Drop 10.3% in January 2025 Amid Lunar New Year Impact

korea / Kim Jisun / 2025-02-03 03:44:24

Photo = Yonhap news

 

 

[Alpha Biz= Kim Jisun] South Korea's exports in January 2025 fell by 10.3% compared to the same month last year, primarily due to fewer working days caused by the Lunar New Year holiday.


However, semiconductor exports and daily average exports, which have been driving recent growth, continued to rise.


On February 1, the Ministry of Trade, Industry, and Energy (MOTIE) released its "January 2025 Export-Import Trends" report, outlining these findings.


According to MOTIE, January 2025 exports amounted to $49.12 billion, marking a 10% decline from $54.7 billion in January 2024. This represents the first monthly export decline in 16 months, since September 2023 (-4.4%).

 

 

알파경제 Kim Jisun (stockmk2020@alphabiz.co.kr)

주요기사

Tariff Pressure from Trump Administration Puts Korea’s High-Precision Map Data Decision on Fast Track
President Lee Jae-myung Vows Tough Crackdown on Stock Manipulation, Expands Whistleblower Rewards
Korea Wins UK Court Challenge Over ISDS Ruling in Elliott Case
Former President Yoon Suk Yeol Sentenced to Life Imprisonment Over Martial Law Case
Former President Park Geun-hye’s Residence in Daegu Provisionally Seized by YouTube Channel Founder
뉴스댓글 >

건강이 보이는 대표 K Medical 뉴스

SNS