South Korea's early October exports double to $61.6 billion, led by chips

Briefing by News4U · First published

Exports more than doubled to $61.6 billion in the first 20 days of October, with semiconductors surging 222.5 percent.

South Korea’s outbound shipments totaled $61.6 billion between October 1 and 20, up 105.4 percent from a year earlier, according to preliminary data from the Korea Customs Service, Pulse by Maeil Business reported. [1]

Semiconductor exports rose 222.5 percent to a record $27.5 billion, accounting for 44.7 percent of total shipments. Daily exports hit a record $4.74 billion. Cumulative exports reached $876.3 billion, putting the country on track to surpass $1 trillion in annual exports next month. [1]

Sources

  1. Korea’s Oct. 1-20 exports double to $62bn, led by chips

    Pulse by Maeil Business · · Full text

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