South Korea April exports rise 48 percent on chip demand
South Korean exports rose 48.0% in April, exceeding forecasts as AI demand boosted chip sales. The trade surplus reached $23.77 billion for the month.
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South Korea exports rose 48.0% in April, reaching a $23.77 billion trade surplus as global demand for artificial intelligence infrastructure surged. The growth exceeded the 45.3% median increase predicted by a Reuters poll of economists. This 11-month expansion signals that semiconductor demand is insulating the export-led economy from geopolitical volatility in the Middle East.
