November exports likely 4.7 yy vs 5.1 in October
Semiconductor exports seen rising for first time in 16 months
Recovery slow amid uncertain global outlook economists
Imports likely 8.6 vs 9.7, trade balance in surplus for sixth month

SEOUL, Nov 29 Reuters South Korea39;s exports likely rose for a second month in November but at a slower pace amid uncertainty over the global growth outlook, a Reuters survey showed on Wednesday.

South Korea, a bellwether for global trade, is the first major exporting economy to report monthly trade figures, providing clues on the health of worldwide demand.

Outbound shipments from Asia39;s fourthbiggest economy are expected to have risen 4.7 in November, from the same month last year, the median estimate of 20 economists showed in the survey conducted on Nov. 2128.

That would be a little slower than an increase of 5.1 in October, which was the first yearonyear gain in 13 months. Among the 20 economists, nine expected the growth rate to accelerate but the rest forecast it to weaken.

Exports are expected to increase for the second straight month with semiconductors swinging to growth but it is not yet a global environment that supports a rapid recovery, said Lee Jeonghoon, an economist at Eugene Investment Securities.

In the first 20 days this month, South Korea exported goods worth 2.2 more than the year before. Exports of semiconductors were on course to post the first increase since July 2022, rising 2.4.

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