April 26, 2024
Economy
Korea’s exports rise 7% in Oct.
[THE INVESTOR] Korea’s exports jumped 7.1 percent in October from a year earlier, government data showed on Nov. 1.
Outbound shipments came to US$45 billion for October, up from US$41.9 billion tallied a year earlier, according to the data compiled by the Korea Customs Service.
It marked the 12th consecutive month that exports have grown.
Korea’s exports have been on a steady rise since November 2016 led by an upturn in oil prices and recovering global trade.
Imports also improved 7.4 percent on-year to US$37.7 billion last month
By Alex Lee and newswires (alexlee@heraldcorp.com)
