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Exports Surpass $50 Bln for 14th Month in April, Posting Monthly Record

Written: 2022-05-16 14:27:37Updated: 2022-05-16 15:05:42

Exports Surpass $50 Bln for 14th Month in April, Posting Monthly Record

Photo : YONHAP News

Exports continued to surpass the 50 billion dollar mark for the 14th consecutive month last month, posting an all-time high for the month of April.

According to Korea Customs Service on Monday, outbound shipments stood at 57-point-eight billion U.S. dollars last month, up 12-point-nine percent from a year earlier.

Imports totaled 60-point-three billion dollars, up 18-point-six percent on-year, for a deficit of two-point-five billion dollars.

Exports in the semiconductor industry remained above ten billion dollars for the 12th straight month, with the on-year rise also continuing for the 22nd month.

Outbound shipments of semiconductors jumped 15-point-six percent on-year, while those of home appliances grew 45-point-six percent.

Meanwhile, imports of crude oil surged 78-point-four percent on-year amid rising global oil prices.

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