South Korean exports for the first 10 days of April shoot higher y/y

Its the avg exports per
working day figure of most significance in this regular data series, for April 1 to 10 they are  +17.7% y/y

Other data for the first 10 days of the month:

exports +3.0% y/y
imports +12.8% y/y
trade balance at
provisional $-3.52 bln
exports +14.2% y/y
exports to China
-3.4% y/y

That ‘exports to China’ drop looks to be indicative of the situation in China clogging up ports rather than any issue in South Korea. 

Forex Pulse Detector

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