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Exports Rise 1.4% in November

Written: 2024-12-01 11:40:46Updated: 2024-12-01 13:33:15

Exports Rise 1.4% in November

Photo : YONHAP News

The country's exports increased one-point-four percent on-year in November, marking 14 consecutive months of growth.

According to the Ministry of Trade, Industry and Energy on Sunday, the country's outbound shipments stood at 56-point-three billion U.S. dollars last month.

Shipments of semiconductors, the country's key export item, jumped more than 30 percent on-year last month to 12-point-five billion dollars, posting a rise for the 13th consecutive month.

Automobile exports slipped 13-point-six percent on-year to five-point-six billion dollars.

Exports to China and the United States decreased zero-point-six percent and five-point-one percent on-year, respectively.

Imports fell two-point-four percent on-year to stand at 50-point-seven billion dollars in November, resulting in a trade surplus for the 18th consecutive month of five-point-six billion dollars.

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