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ICT Exports Hit Second Highest for February

Written: 2025-03-16 13:44:56Updated: 2025-03-16 13:52:42

ICT Exports Hit Second Highest for February

Photo : YONHAP News

Exports in the information and communication technology (ICT) sector reached the second-highest level for February.

According to the ICT Ministry on Sunday, ICT shipments totaled 16-point-71 U.S. dollars last month, up one-point-two percent from a year earlier.

Last month's exports marked the second highest performance for any February.

Exports of semiconductors and displays fell three percent and five-point-one percent, respectively, while shipments of mobile phones increased by 33-point-three percent and those of computers and peripheral devices jumped 27 percent.

By country, exports to the United States grew eleven-point-five percent on-year, while those to China and the European Union slipped by 20 points and seven-point-six percent, respectively.

ICT imports also increased five-point-six percent on-year to ten-point-nine billion dollars, resulting in a trade surplus of five-point-81 billion dollars.

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