South Korea's May export year-on-year
Korean Customs announced the South Korea's May export year-on-year on 2025-06-01. The reported figure stands at -1.3%, against a forecast of -2.7%, with the prior figure recorded as 3.70%.
Regarding the South Korea's May export year-on-year, Actual value > Expected value = Bullish for the Korean Won, Export demand is directly related to currency demand, as foreign customers need to purchase the currency of the exporting country to settle transactions. Export demand also affects domestic manufacturing output and prices. If the difference between exports and imports is a positive number (surplus), it indicates an increase in the country's net foreign wealth or net foreign investment, strengthening the economy. Conversely, if it is a negative number (deficit), it indicates a decrease in the country's net foreign wealth or investment, weakening the economy.
This data holds an importance level of , calculated using Exports refer to any tangible goods or consumer products that leave the place of production (exit the country) via shipping, land transport, or air transport, and are delivered to various parts of the world, and updates Monthly. The next release is set for 2025-07-01 08:00:00.
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