South Korea’s Exports Rise After a Year of Declines

Updated Oct. 31, 2023 9:25 pm ET

South Korea’s October exports rose for the first time, after falling for a year, on brisk demand for transport, machinery and other goods, the latest sign of a recovery in global demand.

Exports rose 5.1% compared with the same period a year earlier to $55.09 billion, following a 4.4% drop in September, according to preliminary data released by the country’s trade ministry on Wednesday. A Wall Street Journal poll of 11 economists had tipped a 6.1% increase in October.

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