Korea’s exports soared 22.2 percent in January from a year earlier on brisk sales of memory chips and petrochemical products, government data showed on Feb. 1.
Outbound shipments came to US$49.21 billion for January, up from US$40.25 billion a year earlier, according to the data compiled by the Ministry of Trade, Industry and Energy.
Exports rose for 15 months in a row, posting double-digit growth for the first time in four months.
Imports also jumped 20.9 percent on-year to US$45.48 billion last month.
Korea’s trade surplus came to US$3.7 billion, marking 72 straight months in which the country‘s exports have exceeded imports, the ministry said.
By Seong Seung-hyun and newswires (firstname.lastname@example.org