{"id":108254,"date":"2021-03-01T02:23:03","date_gmt":"2021-03-01T02:23:03","guid":{"rendered":"https:\/\/fin2me.com\/?p=108254"},"modified":"2021-03-01T02:23:03","modified_gmt":"2021-03-01T02:23:03","slug":"south-korea-february-exports-extend-growth-on-strong-chip-auto-demand","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/","title":{"rendered":"South Korea February exports extend growth on strong chip, auto demand"},"content":{"rendered":"

SEOUL (Reuters) – South Korea\u2019s exports expanded for a fourth straight month in February on continued growth in memory chip and car sales, underpinning the trade-led recovery in Asia\u2019s fourth-largest economy.<\/p>

FILE PHOTO: A student walks past an electronic display promoting Samsung Electronics products at the company’s headquarters in Seoul, South Korea, October 27, 2015. REUTERS\/Kim Hong-Ji<\/figcaption>

Exports jumped 9.5% from a year earlier to $44.81 billion in February, government data showed on Monday, slower than 11.4% growth in January but matching the 9.5% increase forecast by 12 economists in a Reuters survey.<\/p>\n

Average daily exports, however, surged 26.4% year-on-year, the sharpest in over three years, when eliminating the impact from a three-day drop in working days due to the nation\u2019s Lunar New Year holidays.<\/p>\n

South Korea\u2019s monthly trade data, the first to be released among major exporting economies, is considered a bellwether for global trade.<\/p>\n

Shipments of semiconductors, the country\u2019s top export, jumped 13.2% year-on-year and for an eighth consecutive month, while those of cars, petrochemicals and bio-health products surged 47%, 22.4% and 62.5%, respectively.<\/p>\n

Of the nation\u2019s 15 major export items, shipments of 11 items increased last month.<\/p>\n

By destination, those to China, the United States and the European Union soared 26.5%, 7.9% and 48.2% each.<\/p>\n

Meanwhile, data also showed imports grew 13.9% to $42.11 billion, beating forecasts for a 12.3% jump.<\/p>\n

The trade surplus shrank to $2.71 billion from $3.76 billion a month ago.<\/p>\n

South Korea\u2019s financial markets are closed on Monday due to a public holiday and will resume trade on Tuesday.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SEOUL (Reuters) – South Korea\u2019s exports expanded for a fourth straight month in February on continued growth in memory chip and car sales, underpinning the […]<\/p>\n","protected":false},"author":3,"featured_media":108253,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nSouth Korea February exports extend growth on strong chip, auto demand - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea February exports extend growth on strong chip, auto demand - Fin2me\" \/>\n<meta property=\"og:description\" content=\"SEOUL (Reuters) – South Korea\u2019s exports expanded for a fourth straight month in February on continued growth in memory chip and car sales, underpinning the [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-01T02:23:03+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/03\/cnewsfotor26.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/\",\"url\":\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/\",\"name\":\"South Korea February exports extend growth on strong chip, auto demand - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2021-03-01T02:23:03+00:00\",\"dateModified\":\"2021-03-01T02:23:03+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Markets\",\"item\":\"https:\/\/fin2me.com\/category\/markets\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"South Korea February exports extend growth on strong chip, auto demand\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"South Korea February exports extend growth on strong chip, auto demand - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/","og_locale":"en_US","og_type":"article","og_title":"South Korea February exports extend growth on strong chip, auto demand - Fin2me","og_description":"SEOUL (Reuters) – South Korea\u2019s exports expanded for a fourth straight month in February on continued growth in memory chip and car sales, underpinning the [...]","og_url":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/","og_site_name":"Fin2me","article_published_time":"2021-03-01T02:23:03+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/03\/cnewsfotor26.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/","url":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/","name":"South Korea February exports extend growth on strong chip, auto demand - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-03-01T02:23:03+00:00","dateModified":"2021-03-01T02:23:03+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/south-korea-february-exports-extend-growth-on-strong-chip-auto-demand\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"South Korea February exports extend growth on strong chip, auto demand"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/108254"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=108254"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/108254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/108253"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=108254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=108254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=108254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}