S. Korea's exports grows 1.4 percent for the 14th consecutive month

Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council, held a phone call with Hadramout Governor Salem Al-Khanbashi to discuss security and living conditions in the governorate amid recent developments.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Oil rises in early Asian trading

Oil prices rose up nearly a dollar in early Asian trading today, Thursday, after U.S. President Donald Trump announced a ban on the entry and exit of oil tankers to and from Venezuela.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/18 Time 02:07:49
Latest News:

Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis

Al-Arada Discusses Latest Developments with U.S. Ambassador

National Authority Condemns Houthi Death Sentences Against 3 Abductees

Major General Al-Zubaidi follows up on projects implemented to enhance water resources

Ambassador Al-Maitami Participates in Diplomatic Visit to Jilin Province

S. Korea's exports grows 1.4 percent for the 14th consecutive month

[01/12/2024 12:14]

SEOUL-SABA
South Korea's exports recorded year-on-year growth for the fourteenth consecutive month in November, thanks to the strong performance of the chip sector.

The Ministry of Trade, Industry and Energy said in a statement carried by the Korean news agency (Yonhap) that exports rose 1.4 percent year-on-year to 56.3 billion U.S. dollars last month.

Imports fell 2.4 percent year-on-year to $50.7 billion, resulted in a trade surplus of $5.61 billion, bringing South Korea to a trade surplus for 18 consecutive months.

"In November, exports faced unexpected obstacles, including a strike by auto parts manufacturers that led to a decline in car production and weather conditions that hampered shipments", Industry Minister Ann Duc-Guillon said in a statement.

He added "However, South Korea managed to maintain export growth for 14 consecutive months, in addition to achieving a trade surplus for 18 consecutive months, thanks to the strong performance of key sectors such as semiconductors and ships".