South Korea's Oct. 1-20 exports double to $61.6 billion on chip surge
Briefing by News4U · First published
Exports hit a record $61.6 billion, up 105.4 percent, led by chips; imports rose 42.8 percent to $47.1 billion, yielding a $14.5 billion surplus.
South Korea's exports more than doubled to $61.6 billion in the first 20 days of October, the highest figure for the period on record, driven by a 222.5 percent jump in semiconductor shipments to $27.5 billion, according to Korea Customs Service data reported by Yonhap and Pulse. [1] [2] [3]
Imports climbed 42.8 percent to $47.1 billion, producing a $14.5 billion trade surplus. Cumulative exports for the year reached $876.3 billion, with daily average shipments also at a record $4.74 billion. [1] [2] [3]
Sources
- Exports double in 1st 20 days of October
Yonhap Business · · Full text
- (LEAD) Exports double in 1st 20 days of October on robust chip shipments
Yonhap Business · · Full text
- Korea’s Oct. 1-20 exports double to $62bn, led by chips
Pulse by Maeil Business · · Full text