- Shipments to US exceed China for first time in two decades
- Political ties between Korea and US have tightened recently
South Korean exports to the US exceeded shipments to China for the first time in two decades last month, in a sign of shifting ties amid global tensions over economic security and tech supply chains.
South Korea sold $11.3 billion in goods to the US in December compared with $10.9 billion to China, the trade ministry said Monday. The switch in positions came as South Korea’s overall exports rose 5.1% from a year earlier — a third monthly increase after a yearlong slump.
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