Exports up 78% in first 20 days of Sept.
Chip exports jumped 259% to $34.12 billion, helping push South Korea's trade surplus to $23 billion, customs data showed.
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South Korea's exports recorded an all-time high for the period from September 1 to 20. Semiconductor exports led the overall export growth by hitting a record high during the same period. The Korea Customs Service announced that, based on preliminary figures for imports and exports from the 1st to the 20th of this month, exports totaled $71.4 billion, a 78.3% increase compared to the same period last year.
Exports up 78% in first 20 days of Sept.
Korea's exports surged 78 percent from a year earlier over the first 20 days of September, customs data showed Monday. Outbound shipments reached $71.4 billion in the Sept. 1-20 period, according to the data from the Korea Customs Service. Imports went up 26.7 percent on-year to $48.4 billion over the cited period, resulting in a trade surplus of $23 billion.
Sejong = Yonhap News) Reporter Ahn Chae-won = Exports in mid-September surpassed $70 billion, marking an all-time high for the same period.
Exports from September 1 to 20 recorded $71.4 billion, marking an all-time high for the same period. Semiconductor exports drove the overall performance, showing a growth rate exceeding 250%. According to the "Export and Import Status for September 1–20 (Preliminary)" released by the Korea Customs Service on the 21st, exports during this period totaled $71.4 billion, a 78.3% increase compared to a year ago. The growth in semiconductor exports wa…
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Cryptocurrency News | Cryptocurrency Prices | Market CapSouth Korea reports $23B trade surplus for Sept. 1-20 as exports surge 78%
South Korea's trade surplus highlights its pivotal role in global tech supply chains, but reliance on semiconductors poses economic vulnerability.
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