South Korea's exports to rise for ninth month on chip, US demand: Reuters poll

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South Korea's exports to rise for ninth month on chip, US demand: Reuters poll
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South Korea's exports are expected to have risen for a ninth consecutive month in June, with semiconductor sales to the U.S. leading the increase, although ...

SEOUL - South Korea 's exports are expected to have risen for a ninth consecutive month in June, with semiconductor sales to the U.S. leading the increase, although the growth rate likely slowed on calendar effects , a Reuters poll showed on Thursday.

"The trend of growing exports likely continued as semiconductor exports remained robust," said Chun Kyu-yeon, economist, Hana Securities. South Korea's exports are expected to recover towards record-high levels in the first half of this year, the finance minister said earlier. The country's trade balance is expected to post a surplus for the 13th straight month, with the median estimate at $5.24 billion, widening from $4.86 billion in May, which was the biggest since December 2020.Social Media Predicts Outcome Of Trump-Biden Debate — And It's Hilarious

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