ICYMI – South Korea’s exports fell in December (implications for global growth)

Posting this data ICYMI over the break. South Korea is often cited as a canary in the coalmine for global growth.

December exports fell 1.2% y/y

  • vs. expected +2.5%
  • Exports to China -13.9%
The data highlights concerns that the US / China trade war is impacting on global, and Chinese, growth. Talks between the two though are, apparently, progressing well. 

On the imports die in December, +0.9%

  • +4% expected

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