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S. Korea's Exports Rise 20% in First 10 Days of November

Written: 2020-11-11 09:28:15Updated: 2020-11-11 10:01:19

S. Korea's Exports Rise 20% in First 10 Days of November

Photo : YONHAP News

South Korea's exports rose about 20 percent on-year in the first ten days of November, raising hopes for economic recovery amid the COVID-19 pandemic.

According to tentative data from the Korea Customs Service on Wednesday, the nation's outbound shipments stood at 14-point-one billion U.S. dollars in the cited period, up 20-point-one percent from a year earlier.

Compared to the same period last year, working days were up by point-five this year. Given the rise, the daily average exports during the ten-day period grew 12-point-one percent. 
  
Shipments of semiconductors and autos jumped nearly 32 percent and eight-point-three percent, respectively, while exports of petroleum products plunged 24 percent. 

Shipments to China and the United States grew 14-point-five percent and 23-point-five percent, respectively, while exports to Japan slipped seven-point-four percent.

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