The Ministry of Trade, Industry and Energy and the Korea Customs Service said exports amounted to $57.5 billion last month, up 4.6% from October last year.
In particular, semiconductors, the main export item, recorded their highest performance ever as of October, up 40% from last year to $12.5 billion.Automobiles, a major export item for
, also rose 5.5% to $6.2 billion, the highest performance in October ever.
At the same time, exports to China hit a new 25-month high, and exports to the U.S. also rose to the highest level as of October, with the two major markets also strong.
Imports rose 1.7% to $54.4 billion last month from a year ago, mainly in semiconductor equipment.
This marks the 17th consecutive month that the trade balance has been in the black, with a surplus of $3.2 billion.
※ 'Your report becomes news'
[Kakao Talk] YTN Search and Add Channel
[Phone] 02-398-8585
[Mail] social@ytn.co.kr
[Copyright holder (c) YTN Unauthorized reproduction, redistribution and use of AI data prohibited]
Economy
More- October's exports are the highest ever...Semiconductors and automobiles 'maximum performance'
- 55th Anniversary of Samsung Electronics..."Efforts to strengthen technical leadership"
- In order to get a reduction in the FTC fine, the act must be suspended until the end of the hearing.
- Official launch of SKINO-E&S Merger Corporation..."Asia's biggest energy dinosaur".