Seoul: South Korea's exports experienced a 6.8 percent increase in the first 20 days of December compared to the same period last year, as reported by recent data.
According to Yonhap News Agency, outbound shipments reached US$43 billion from December 1 to December 20, up from $40 billion recorded during the same timeframe in the previous year, as per data from the Korea Customs Service. Imports saw a slight rise of 0.7 percent year-on-year, amounting to $39.2 billion during the period, resulting in a trade surplus of $3.8 billion.
In the preceding month of November, exports rose by 8.4 percent from a year earlier to $61 billion, marking six months of continuous growth driven by increased demand for semiconductors.