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16.7% increase in exports on February 1-20… Car/semiconductor good

The Korea Customs Service said on the 1st to 20th this month that exports amounted to 30.4 billion dollars, up 16.7% from the same period last year.

Even considering that the number of working days was 1.5 days less than last year, the daily average export value increased by 29.2%.

By item, passenger cars surged 45.9%, and wireless communication devices and semiconductors also showed high growth rates of 33.6% and 27.5%, respectively.

On the other hand, exports of petroleum products and computer peripherals fell 5.7% and 4.8%, respectively.

By the 20th of this month, the amount of income was $31.6 billion, an increase of 24.1% from the same period last year.

By item, gas surged the most at 59.6%, while crude oil and petroleum product imports fell 17.8% and 13.3%, respectively.

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