South Korea’s export performance showed a significant improvement in early March 2025, with shipments increasing 8.2% year-on-year in the first 20 days, a notable turnaround from February’s 5.9% decline. This recovery is largely attributed to strong performances in key sectors. The automobile industry has been a major contributor, with vehicle exports surging 18% year-on-year to US$6.07 billion in February. The shipbuilding sector has also demonstrated remarkable growth, with exports soaring by 70.8% in November 2024. While semiconductor exports experienced a 3% decline in February, there are indications that this crucial sector may be stabilizing or recovering
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