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THE INVESTOR] South Korea’s exports continued to surge in the first 20 days of February, highlighting a recovery in the country‘s outbound shipments, the latest customs data showed on Feb. 21.
According to the data from the Korea Customs Service, exports amounted to US$27.7 billion from the beginning of February to the 21st, up 26.2 percent from the same period last year. The increase was led by a 51.5-percent on-year gain in exports of semiconductors and a 64.5-percent surge in petroleum products.
The data also indicated that imports jumped 26 percent to $25.5 billion over the same period. Consequently, the trade surplus reached $2.2 billion during the 20-day period.
(
theinvestor@heraldcorp.com)