Monday, 26 Oct 2020

South Korea's Sept 1-20 exports rise 3.6%

SEOUL (REUTERS) – South Korean exports returned to growth in the first 20 days of September, the first increase in 20-day exports in six months, data from the Korea Customs Service showed on Monday (Sept 21).

Exports expanded 3.6 per cent from a year earlier during Sept 1-20, versus a 7.5 per cent drop in the comparable period in August. Imports during the period declined 6.8 per cent on-year.

A breakdown of data showed shipments of semiconductors, South Korea’s top-selling item, surged 25.3 per cent, while exports to China, the nation’s biggest trading partner, jumped 8.7 per cent.

Full month trade data for the month will be released on Oct 1.

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