SEOUL, Reuters South Korea39;s exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead.

Exports by Asia39;s fourthlargest economy rose 6.6 in December from a year earlier, compared with a gain of 1.4 in November and 4.0 forecast in a Reuters survey of economists.

It was the 15th consecutive month exports grew in annual terms and the fastest increase since September, after four straight months of slowing amid worries over U.S. trade policy changes.

The government will team up with the private sector to minimise any negative impact from external uncertainty of the incoming U.S. administration and maximise new opportunities, said Industry Minister Ahn Dukgeun.

U.S. Presidentelect Donald Trump has pledged to impose big tariffs on imports from three major trading partners Mexico, Canada and China which are expected to affect South Korean firms running factories in those countries and weigh on global trade.

Last year, South Korea39;s exports rose 8.2, the fastest in three years, after a fall of 7.5 in 2023. Its total sales of 683.8 billion for the year was a record high.

Shipments to China, which has been South Korea39;s biggest export market since 2003, rose 6.6 to 133.0 billion, while U.S.bound shipments narrowed the gap by rising 10.5 to 127.8 billion.

In December, exports to the United States rose 5.5, the fastest since August, and…