Higher exports: Shipping containers in the Uiwang Inland Container Depot in South Korea. Overseas sales of semiconductors jumped 22.6% in the first 10 days of June. — Bloomberg
SEOUL: South Korea’s exports for the first 10 days of June soared 20.2% from the same period a year earlier, raising hopes for a firm recovery in shipments for the trade-reliant economy as many countries lift stringent coronavirus lockdown measures.
The trade data, the first to be reported among major economies, might also signal a bottoming out in the virus-fuelled collapse of global demand.
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