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Exports Rise 24.4% in First 10 Days of Jan.

Written: 2022-01-11 09:46:33Updated: 2022-01-11 13:04:19

Exports Rise 24.4% in First 10 Days of Jan.

Photo : KBS News

Exports rose over 20 percent on-year in the first ten days of January. 

According to tentative data from the Korea Customs Service on Tuesday, the country’s outbound shipments stood at 13-point-nine billion U.S. dollars in the cited period, up 24-point-four percent from a year earlier.

Average daily exports grew by 14-point-eight percent, with the number of working days rising by half a day from last year. 

Shipments of semiconductors and cars rose 23-point-three percent and 26-point-two percent, respectively, while exports of petroleum products soared 135-point-three percent. Shipments of wireless communication devices plunged 51 percent. 

Exports to China rose 22-point-six percent and by 35-point-one percent to the United States. 

Imports soared 57-point-one percent on-year to 18-point-nine billion dollars during the cited period, resulting in a trade deficit of four-point-94 billion dollars.

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