{"id":7301,"date":"2024-01-02T13:13:28","date_gmt":"2024-01-02T05:13:28","guid":{"rendered":"https:\/\/www.umtradings.com\/?p=6213"},"modified":"2024-01-03T07:39:22","modified_gmt":"2024-01-03T07:39:22","slug":"positive-signs-arise-from-the-worlds-economic-canary-in-the-coal-mine","status":"publish","type":"post","link":"https:\/\/www.umtradings.com\/fr\/positive-signs-arise-from-the-worlds-economic-canary-in-the-coal-mine\/","title":{"rendered":"Positive Signs Arise from The World’s Economic ‘Canary in The Coal Mine’\u00a0"},"content":{"rendered":"\n

The exports of South Korea are commonly characterized as a leading economic indicator or the world’s “canary in the coal mine,\u201d because of their significant exposure to the three largest economies: the United States, China, and Japan. South Korea’s exports saw positive growth in December 2023, increasing by 5.1% year-over-year to reach $57.6 billion. This fell short of expectations for a 6.6% rise but still marked the third straight month of export expansion. The growth was powered mainly by a rebound in semiconductor exports, which surged 21.8% for the second consecutive monthly increase.  <\/p>\n\n\n\n

Other bright spots included automobile exports, extending an 18-month growth streak with a 17.9% jump, and display products and home appliances increasing 10.9% and 2.9%, respectively. By destination, shipments to the United States witnessed robust 20.8% growth. However, exports to top trading partner China continued their decline, dropping 2.9%.  <\/p>\n\n\n\n

For full-year 2023, South Korea’s overall exports retreated 7.4% over 2022. The significant downturn resulted primarily from a 23.7% plunge in chip sales amid global economic uncertainty and China’s softening economy. Despite December’s better-than-expected increase, challenging external conditions persisted for Korean exporters. <\/p>\n\n\n

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\"\"<\/figure>\n<\/div>\n\n\n

(Exports YoY\uff0cMOTIE Korea) <\/em><\/p>\n\n\n\n

Disclaimer  <\/p>\n\n\n\n

Comments, news, research, analysis, price, and all information contained in the article only serve as general information for readers and do not suggest any advice. Ultima Markets has taken reasonable measures to provide up-to-date information, but cannot guarantee accuracy, and may modify without notice. Ultima Markets will not be responsible for any loss incurred due to the application of the information provided. <\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The exports of South Korea are commonly characterized as a leading economic indicator or the world’s “canary in the coal mine,\u201d because of their significant exposure to the three largest economies: the United States, China, and Japan. South Korea’s exports saw positive growth in December 2023, increasing by 5.1% year-over-year to reach $57.6 billion. This […]<\/p>\n","protected":false},"author":13,"featured_media":7297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[20,21],"tags":[199,200],"class_list":["post-7301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market_news","category-latest","tag-exports","tag-south-korea"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts\/7301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/comments?post=7301"}],"version-history":[{"count":0,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/posts\/7301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/media\/7297"}],"wp:attachment":[{"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/media?parent=7301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/categories?post=7301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.umtradings.com\/fr\/wp-json\/wp\/v2\/tags?post=7301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}