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The Korea Herald
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THE INVESTOR
March 29, 2024

Economy

S. Korea's exports surge 26% in first 20 days of Feb.

  • PUBLISHED :February 21, 2017 - 11:05
  • UPDATED :February 22, 2017 - 13:21
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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)

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