(LEAD) Exports up 78 pct in first 20 days of Sept. on robust chip shipments
SEJONG, Sept. 21 (Yonhap) -- South Korea's exports surged 78 percent from a year...
South Korea's exports surged 78% in the first 20 days of September, with a record high of $71.4 billion, customs data revealed on Monday. The surge was primarily fueled by robust shipments of semiconductors, which saw a staggering 259% increase to $34.12 billion.
The trade surplus expanded to $23 billion, up from $21 billion in the same period last year, as imports rose 26.7% to $48.4 billion. Other notable increases included petroleum exports (+47.8%) and car exports (+9.3%), reaching $4 billion and $3.73 billion respectively.
Exports to China more than doubled to $16.6 billion, while shipments to the United States surged 118% to $14.2 billion. However, exports of mobile devices slightly declined by 0.4% to $1.24 billion. By the end of Sunday, South Korea's accumulated exports stood at $764.9 billion, with a trade surplus of $225.5 billion.
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Also reported by 1 other outlet
- Exports up 78% in first 20 days of Sept. on robust chip shipments koreatimes.co.kr
