Crypto Frontier Network news: boosted by AI-related demand, South Korea’s exports continued to surge in April. Driven by semiconductor shipments, exports rose 48.0% year over year to $85.89 billion. Despite risks brought by conflicts in the Middle East, this trade-dependent economy has remained resilient. Semiconductor shipments account for about one-quarter of the country’s total exports. Strong memory chip shipments continue to support export growth, offsetting the weaker performance in other categories such as automobiles and steel. The Ministry of Trade, Industry and Energy of South Korea said imports grew 16.7% year over year to $62.11 billion, and in April recorded a trade surplus of $23.77 billion.

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