October Exports $115.3 Billion… Over $110 Billion for Two Consecutive Months
4 Articles
4 Articles
Korea recorded cumulative exports of $930 billion through October, putting it on the verge of reaching $1 trillion by the end of the year. Driven by the explosive growth of semiconductor exports and strong performance across various product categories, the trade balance also posted a surplus of $42.5 billion.
November 30, 1964, was the day Korea first achieved annual exports of $100 million. It was the fruit of an export drive for labor-intensive light industries, such as wigs and textiles. To commemorate this, the day was designated as "Export Day." Korea is ushering in an era of $1 trillion in annual exports. On the 1st, the Ministry of Trade, Industry and Energy announced, "Within November, annual exports
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