Korea January 1-20 exports expand 10.6pct y/y, sharper than in Dec

22-Jan-2021 Intellasia | Reuters | 6:02 AM Print This Post

South Korean exports grew at a much sharper pace in the first 20 days of January, customs agency data showed on Thursday.

Outbound shipments increased 10.6 percent year-on-year for the period versus a gain of 1.2 percent in the comparable period of December 2020.

A breakdown of data showed overseas sales of semiconductors soared 11.6%, while those of mobile phones and cars surged 60.5 percent and 15.7%, respectively.

Full-month data for January will be released on February 1.

https://www.reuters.com/article/southkorea-economy-trade/skorea-jan-1-20-exports-expand-106-y-y-sharper-than-in-dec-idUSS6N2GE01V

 

Category: Korea

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