The US beat out China as South Korea's top export market for the first time in 2 decades

• South Korea's exports to the US exceeded those to China in December for the first time in 20 years, per Bloomberg.
• South Korean goods sent to the US totaled $11.3 billion in December, versus $10.9 billion to China.
• South Korea's exports climbed 5.1% year-over-year on the month.

South Korea exported more goods to the US than China in December for the first time since 2003.

Bloomberg data shows that last month, the US imported $11.3 billion worth of goods from South Korea. Meanwhile, China imported $10.9 billion, according to the country's trade ministry. 

While the numbers reflect a change of just one month, and may not indicate lasting trends, they point to shifting trade flows amid changes in the geopolitical landscape and China's ongoing economic hurdles since reopening its economy after the pandemic.