World

S. Korea's export rises 4.6 pct for first 20 days of October

SEOUL
2023-10-23 12:18

Already collect



SEOUL, Oct. 23 (Xinhua) -- South Korea's export rose for the first 20 days of this month due to robust demand for locally-made cars and oil products, customs office data showed Monday.

Outbound shipment gained 4.6 percent from a year earlier to 33.84 billion U.S. dollars in the Oct. 1-20 period, according to Korea Customs Service.

The daily average export increased 8.6 percent in the 20-day period.

The export kept sliding for the 12th straight month through September on the still weak demand for semiconductors.

Import inched up 0.6 percent to 37.59 billion dollars in the first 20 days of October, sending the trade deficit to 3.75 billion dollars.

Semiconductor export retreated 6.4 percent in the cited period, keeping a downward trend since August last year.

Outbound shipment for cars, oil products and home appliances expanded in double figures, but precision machinery export decreased in double digits.

Import for crude oil and oil products recorded a double-digit increase in the 20-day period on higher prices, while those for natural gas and semiconductor equipment dived in double digits.
Add comments

Latest comments

Latest News
News Most Viewed