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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%).
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
