S. Korea's exports rise up 5.8 percent

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S. Korea's exports rise up 5.8 percent

[21/11/2024 12:37]

SEOUL-SABA
South Korea's exports rose 5.8 percent year-on-year in the first 20 days of November, driven by strong global demand for semiconductors and ships.

The Korea Customs Authority said in a statement today, Thursday, that the value of outbound shipments reached 35.6 billion U.S. dollars from November 1 to 20, compared to 33.8 billion dollars recorded a year ago. Imports fell 1 percent year-on-year to $34.8 billion during the period, recording a trade surplus of $800 million.

In October, exports rose 4.6 percent year-on-year to $57.5 billion, the 13th consecutive monthly rise, government data showed.