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THE INVESTOR

Economy

Korea’s exports up 38% in first 10 days of Jan.

  • PUBLISHED :January 12, 2017 - 17:37
  • UPDATED :January 12, 2017 - 17:37
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[THE INVESTOR] South Korea’s exports soared 37.8 percent in the first 10 days in January on-year, according to the latest customs data on Jan.11.

The country’s exports totaled US$11.64 billion during the cited period, up from US$8.46 billion tallied over the same period last year, according to the Korea Customs Service.

Outbound shipments of semiconductors surged 40.3 percent on-year and those of petroleum products skyrocketed 121.4 percent over the cited period, while exports of wireless devices fell 25.8 percent.

The data showed that imports also vaulted 38.6 percent on-year to US$12.3 billion over the 10-day period, resulting in a trade deficit of US$669 million, said the KCS data.

(theinvestor@heraldcorp.com)
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