S. Korea's exports rise over 30% on-year during first 10 days of Sept.
Updated: 2021-09-13 21:39:44 KST
South Korea's exports so far this month are up 30.7 from a year earlier in large part on petroleum products and cars, but at this point for the month, Korea has a trade deficit.
According to customs data, in the first ten days of this month, the country's outbound shipments stood at 19.5 billion U.S. dollars.
Imports, however, soared by more than 60 percent on-year to 21 billion dollars, resulting in a trade deficit of almost 1-and-a half billion.
Semiconductors accounted for 20 percent of exports, but the biggest jump was in oil products as the global economy recovers.
By country, shipments to China were the biggest, rising by more than 24 percent on-year, while those to the U.S. were up around 45 percent.