Photo : YONHAP News
The country’s exports grew by more than seven percent in September on-year, marking 12 consecutive months of growth.
According to the trade ministry on Tuesday, the country’s outbound shipments stood at nearly 58-point-eight billion U.S. dollars last month, up seven-and-a-half percent from a year earlier.
Shipments increased for six out of 15 key export items, including semiconductors, which jumped 37-point-one percent last month to 13-point-six billion dollars, posting growth for the eleventh consecutive month and posting a new high for the first time in three months.
Exports to China grew some six percent on-year to eleven-point-seven billion dollars, while shipments to the United States increased three-point-four percent on-year to ten-point-four billion dollars, the largest figure for any September on record.
Imports grew two-point-two percent on-year to stand at 52-point-one billion dollars in September, resulting in a trade surplus of nearly six-point-seven billion dollars for the 16th consecutive month of surplus.