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2025/03/09
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Latest News:
Chairman of the Leadership Council praises honorable Moroccan stance alongside the Yemeni people
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Latest News:
Chairman of the Leadership Council praises honorable Moroccan stance alongside the Yemeni people
Rights Report documents 5,282 violations against women by Houthi Militias in Yemen
Tariq Saleh urges religious orators to contribute toward battling Houthis militias
Yemen takes part in extraordinary meeting of OIC foreign ministers
Yemen emphasizes importance of international ban on flow of Iranian weapons to Houthis
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".
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".
Key words:
semiconductors - manufacturers - Imports - consecutive - SABA South - performance - unexpected - production - shipments" - conditions -
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