Exports forecast at 2.8 yy in Nov vs 4.6 in Oct
Chip demand robust, but other sectors weak
US tariff uncertainty weighing on domestic firms economists

SEOUL, Nov 28 Reuters South Korea39;s export growth is expected to have slowed for a fourth straight month in November and to be the weakest in 14 months on slowing demand in the United States amid tariff policy uncertainty, a Reuters poll showed on Thursday.

Outbound shipments from Asia39;s fourthlargest economy are forecast to have risen 2.8 in November from a year earlier, after a gain of 4.6 in October, according to a median of 14 economists in the survey.

That would be the 14th straight month of annual export growth but the weakest yearonyear rise for the sequence, which had been led by strong demand in the United States, especially for semiconductors used in artificial intelligence chipsets.

Nonsemiconductor exports are slowing, including auto sales to the United States, and IT demand is also expected weaken gradually, said Chun Kyuyeon, an economist at Hana Securities.

Uncertainty of the second Trump presidency is setting an environment unfavourable to domestic manufacturing firms, Chun said.

U.S. Presidentelect Donald Trump on Monday pledged to impose big tariffs on imports from Mexico and Canada, which are expected to have a negative impact on South Korean firms as well.

In the first 20 days of this month, exports rose 5.8, as chip sales jumped, but cars fell. Shipments to the United States fell 2.5 and…