South Korea’s export slightly rose in the first 10 days of this month, thanks to higher business days, customs office data showed, today.
Export amounted to 15.27 billion U.S. dollars, during the June 1-10 period, up 1.2 percent from the same period of last year, according to Korea Customs Service.
It was mainly attributed to higher working days. The daily average export declined 6.0 percent in the 10-day period.
The outbound shipment kept sliding for the 8th consecutive month, through May.
Import shrank 20.7 percent to 16.68 billion dollars, sending the trade deficit to 1.41 billion dollars. The trade balance stayed in red for the 15th straight month through May.
Semiconductor export tumbled 31.1 percent in the 10-day period, while those for oil and steel products diminished 35.8 percent and 7.6 percent, each.
Car shipment more than doubled, and auto parts export advanced in double digits
Source: Nam News Network