US Tariffs Impact on South Korean Exports

Instructions

This report delves into the discernible effects of recent US tariff policies on South Korea's export landscape. It examines how these trade barriers have influenced the volume and value of Korean goods shipped globally, with a specific focus on sectors directly impacted by the tariffs. Additionally, the analysis highlights the compounded challenges arising from South Korea's significant export dependence on both the American and Chinese markets.

Navigating the Global Trade Winds: South Korea's Export Challenges Under US Tariffs

Understanding the Initial Trade Dynamics in Early 2025

During the first half of 2025, South Korea's export values remained largely stable, while export volumes saw a slight contraction of 0.4% year-to-date. These figures exhibit monthly fluctuations, potentially influenced by accelerated shipments. However, the overarching trend points to a general slowdown in export growth, a development largely attributable to the imposition of US tariffs.

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