South Korean exports higher y/y in January

  • +11.4% y/y (expected +9.4%) while imports +3.1% y/y (expected +2.4%)
  • exports per working day +6.4% y/y
  • exports to China +22.0% y/y
  • exports to the US +46.1% y/y
  • semiconductor exports +21.7% y/y