Exports from Nov. 1-20 reached USD 31.3 billion, up 11.1% from the same period last year. Pictured here is the wharf Sinseondae at the Port of Busan on Nov. 16 filled with export and import containers. (Yonhap News)
By Kim Minji
Exports in the first 20 days of November rose 11.1% from the same period last year.
The Korea Customs Service (KCS) on Nov. 23 said the export amount reached USD 31.3 billion over the period, which saw 16 working days with an average daily export figure of USD 1.95 billion, up 7.6%.
By sector, semiconductors saw a 21.9% hike in exports and those of passenger vehicles rose 11.9%. Among decliners, petroleum products saw exports plummet 48.2% and computer accessories 1.9%.
By market, exports to China rose 7.2% and those to the U.S. grew 15.4%, but those to Japan and the Middle East declined 7.2% and 21.8%, respectively.
Imports from Nov. 1-20 reached USD 28 billion, up 1.3% year on year.
By import item, semiconductors saw a jump of 26.4% and machinery 11.7%, while crude oil declined 46.9% and wireless communication devices 0.2%
Imports from China jumped 16.7% and those from Europe 31.7%, while those from the U.S. and the Middle East declined 19.5% and 43.5%, respectively.