Data was out earlier in the session.
- exports expanded for a fifth consecutive month in March, +16.6% y/y
- imports +18.8% expected +17.5%
- exports of chips yp for a ninth month, recorded the biggest shipment in value terms in 28 months
Exports to China, South Korea’s biggest trading partner, +26.0%
- to the United States +9.2%
South Korea is often cited as a bellwether of global trade health.