S. Korea’s exports up 9.7 pct in first 20 days of Nov.

SEJONG-- South Korea's exports continued its rally in the first 20 days of November on steady overseas sales of semiconductors, customs data showed Tuesday.

Total outbound shipments reached US$29.8 billion from Nov. 1-20, up 9.7 from the same period last year, according to numbers compiled by the Korea Customs Service.

The increase was led by a 63.5 percent on-year surge in exports of semiconductors and a 45 percent gain in petrochemical goods.

By country, exports to China gained 21.1 percent over the 20-day period from a year earlier, while those to the United States and Vietnam rose 11 percent and 39.4 percent, respectively.

Meanwhile, imports also advanced 14 percent on-year to $27.6 billion during the same period, with a trade surplus standing at $2.2 billion.

Exports of Asia's fourth-largest economy have been on a roll since November last year on the back of recovering world trade and rising oil prices.

Source: Yonhap News Agency

S. Korea’s exports up 9.7 pct in first 20 days of Nov.

SEJONG-- South Korea's exports continued its rally in the first 20 days of November on steady overseas sales of semiconductors, customs data showed Tuesday.

Total outbound shipments reached US$29.8 billion from Nov. 1-20, up 9.7 from the same period last year, according to numbers compiled by the Korea Customs Service.

The increase was led by a 63.5 percent on-year surge in exports of semiconductors and a 45 percent gain in petrochemical goods.

By country, exports to China gained 21.1 percent over the 20-day period from a year earlier, while those to the United States and Vietnam rose 11 percent and 39.4 percent, respectively.

Meanwhile, imports also advanced 14 percent on-year to $27.6 billion during the same period, with a trade surplus standing at $2.2 billion.

Exports of Asia's fourth-largest economy have been on a roll since November last year on the back of recovering world trade and rising oil prices.

Source: Yonhap News Agency

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