Korea's exports surged 56 percent in the first 20 days of August, with semiconductor shipments hitting a fresh high. Outbound shipments reached $55.2 billion and imports rose 19 percent to $41.2 billion, producing a trade surplus of $14 billion. Chips nearly tripled to $26 billion and accounted for 47.2 percent of total exports. Exports to China and the United States also jumped sharply.
Containers are stacked at a port in Busan, Thursday. Yonhap
Korea's exports surged 56 percent from a year earlier over the first 20 days of August, customs data showed Friday, with shipments of semiconductors reaching a fresh high.
Outbound shipments reached $55.2 billion in the Aug. 1-20 period, according to data from the Korea Customs Service. It was the highest level for the 20-day period for any August.
Imports went up 19 percent on-year to $41.2 billion over the cited period, resulting in a trade surplus of $14 billion.
