Strong Semiconductor Demand Expected to Drive Even Stronger Growth in South Korea's Exports in June
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```htmlGolden Ten Data reported on June 26 that, thanks to strong semiconductor demand, South Korea's exports in June are expected to achieve even stronger growth, and the monthly trade surplus may surpass $30 billion for the first time. According to the median forecast from a survey of nine economists by The Wall Street Journal, South Korea's exports in June are expected to increase by 57.3% year-on-year, higher than the revised 53.4% in May. Imports in June are forecasted to grow by 23.5% year-on-year, pushing the monthly trade surplus to $32 billion. Meritz Securities Chief Economist Seunghoon Stephen Lee stated that chips and computers are seen as the main drivers of export growth, and the export growth rate is expected to remain above 50% in the second half of this year.```
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