South Korea’s August Export Strength Supports KOSPI and Won Despite Slower Growth

South Korea’s exports for August are anticipated to maintain robust growth near 60% year-on-year, according to DBS Group strategists cited by FX Street. This strong performance is expected to bolster both the KOSPI index and the South Korean Won, even as export growth moderates from June’s peak levels.

While the expansion rate has slowed compared to June, the sustained high export figures provide a positive backdrop for South Korea’s equities and currency markets. Analysts including Taimur Baig and Nathan Chow from DBS Group highlight that this resilience underpins market confidence amid a challenging global trade environment.

For Japanese investors, South Korea’s export momentum is significant given the close trade and investment ties between the two economies, potentially influencing regional FX and equity flows in the coming months.