South Korea, often referred to as the "canary in the coal mine" of the global economy, recently released early export data showing that its exports have returned to growth for the first time in over a year.

According to the data released by the South Korean Customs on Monday, in the first 20 days of October, compared with the same period last year, the average daily shipment volume increased by 8.6%. The total export volume increased by 4.6% year - on - year, and imports increased by 0.6%. More encouragingly, exports to the US increased significantly by 12.7%. At the same time, export shipments to Japan and Singapore increased by 20% and 37.5% respectively.

Among them, it is worth noting that in the first 20 days of this year, South Koreas semiconductor export sales reached approximately $5.2 billion. Although it decreased by 6.4% year - on - year, it showed some improvement compared with the 14.4% decline in September.

In addition, Vietnam, another Asian economy, also shows strong signs of recovery in the textile export field. The order volume in the fourth quarter of this year has already shown obvious signs of growth. Data from the General Department of Vietnam Customs shows that in the first 8 months of this year, the export value of textiles was $22.5 billion. Although it decreased by $3.8 billion (a 14.4% decline) year - on - year, textile exports have begun to recover. In particular, the export value to Japan in the first 8 months reached $2.58 billion, an increase of 1.7% year - on - year.

Behind the recovery of Vietnams textile exports, the upgrading of its relationship with the US to a comprehensive strategic partnership has brought more opportunities to the country. Du Yuxing, the commercial counselor of the Vietnamese Embassy in the US, said that from now until the end of the year, the export growth prospects of ten leading export commodities such as textiles, leather shoes, wood products, aquatic products, and electronics are very optimistic.

The export recovery of these two countries has revealed new hope for the global economy. As an important part of world trade, the export growth of South Korea and Vietnam shows that global demand is gradually recovering, bringing new hope to global investors and policymakers.