emirates7 - South Korea’s exports rose 7.6 percent year-on-year in the first 20 days of August, supported by robust demand for semiconductors and automobiles, according to data released Thursday.
Exports totaled US$35.5 billion during the period, up from US$33 billion a year earlier, figures from the Korea Customs Service showed. The average daily export value also climbed 7.6 percent, with the number of working days unchanged at 14.5.
Imports edged up 0.4 percent to US$34.7 billion, leaving the country with a trade surplus of about US$800 million, Yonhap News Agency reported.
Semiconductor exports soared 29.5 percent to US$8.71 billion, accounting for 24.5 percent of total exports—an increase of 4.2 percentage points from last year. Automobile shipments expanded 21.7 percent to US$2.77 billion, while vessel exports advanced 28.9 percent to US$2.3 billion.
Exports totaled US$35.5 billion during the period, up from US$33 billion a year earlier, figures from the Korea Customs Service showed. The average daily export value also climbed 7.6 percent, with the number of working days unchanged at 14.5.
Imports edged up 0.4 percent to US$34.7 billion, leaving the country with a trade surplus of about US$800 million, Yonhap News Agency reported.
Semiconductor exports soared 29.5 percent to US$8.71 billion, accounting for 24.5 percent of total exports—an increase of 4.2 percentage points from last year. Automobile shipments expanded 21.7 percent to US$2.77 billion, while vessel exports advanced 28.9 percent to US$2.3 billion.