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

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with Houthis

Minister of Information, Culture, and Tourism, Muammer al-Eryani, strongly condemned the Houthi militia's continued abduction of General Secretary of the Sana'a General People's Congress, Ghazi al-Ahwal, and several associates.

BULGARIA: UN Tourism Global Conference on Wine Tourism

Excellent wine practices and global trends in wine tourism will be among the topics on the second day of the 9th UN Tourism Global Conference on Wine Tourism in Plovdiv.

Gold surpasses $3,900 per ounce for first time

The price of gold jumped over the $3,900 per ounce mark for the first time today, Monday, driven by increased demand for safe-haven assets amid a U.S. government shutdown.

Paris Saint-Germain beat Barcelona 2-1 in the Champions League

Paris Saint-Germain beat Barcelona 2-1 in the second round of the Champions League for the league stage.

Last Update: ، 2025/10/09 Time 04:36:15
Latest News:

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with ..

Vice Foreign Minister Discusses Enhanced Partnership and Migration Issues with UN High Commissioner

Al-Hadrami presents his credentials to Czech President as Ambassador to Yemen

Yemen Participates in Expert Group Meeting on Strengthening Civil Registration in Cairo

Interior Minister Discusses Enhanced Security Cooperation with US Ambassador

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".