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.