South Korea export growth slows to 14-month low, chip sales to 11-month low

Trump's tariff on imports from Canada and Mexico expected to affect Korean exporters

20241201 South Korea port

Trucks and containers are seen at the Busan New Port in Busan. © Reuters

SEOUL (Reuters) -- South Korea's export growth slowed for a fourth-straight month in November, to the weakest level in 14 months, as shipments to the United States and China fell amid tariff uncertainty, trade data showed on Sunday.

Exports out of Asia's fourth-largest economy rose 1.4% in November from a year earlier, after a gain of 4.6% in October, to $56.35 billion.

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