Exports from Nov. 1-10 continued their upward development, displaying robust efficiency pushed by semiconductors.
In response to the Korea Customs Service on Nov. 11, export worth from the primary 10 days of this month was $15.8 billion, up 6.4% from the identical interval final yr.
Every day common exports, contemplating working days, had been $2.26 billion, a rise of 6.4%.
By merchandise, semiconductors (17.7%) and passenger automobiles (16.2%) confirmed double-digit progress charges.
The semiconductor export share was 24.4% of the full, up 2.3 share factors from a yr in the past. Ship exports additionally elevated by 8.7%.
In the meantime, petroleum merchandise (-14.0%) and wi-fi communication gadgets (-21.1%) decreased.
By main export vacation spot, the US (11.6%), China (11.9%), and the European Union (EU, 10.0%) elevated, whereas Vietnam (-11.5%) and Japan (-11.9%) decreased.
Throughout the identical interval, imports had been $17 billion, up 8.2% from the identical interval final yr.
By merchandise, semiconductors (16.1%), semiconductor manufacturing tools (59.2%), and equipment (20.1%) elevated, whereas crude oil (-20.1%) and fuel (-50.3%) decreased.
By nation, imports elevated from China (19.9%), EU (54.2%), United States (25.5%), and Japan (4.4%), whereas lowering from Australia (-15.4%).
With imports exceeding exports, the commerce stability recorded a deficit of $1.2 billion.
