Seoul: South Korea's exports have shown a 5.8 percent increase on a year-on-year basis in the first 20 days of November, as revealed by recent data. According to Yonhap News Agency, the Korea Customs Service reported that outbound shipments reached US$35.6 billion during the November 1-20 period, up from $33.8 billion in the same period last year. Meanwhile, imports experienced a slight decline of 1 percent year-on-year, amounting to $34.8 billion, which resulted in a trade surplus of $800 million. In addition, the data highlighted that in October, South Korea's exports rose by 4.6 percent year-on-year to US$57.5 billion, marking the 13th consecutive month of growth. This continued growth trend underscores the resilience and competitiveness of South Korea's export sector despite global economic challenges.
South Korea Sees 5.8% Rise in Exports During Early November Period.
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