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S Korea’s exports continue to rise in early Dec

by ChemOrbis Editorial Team - content@chemorbis.com
  • 12/12/2016 (15:51)
According to media reports, South Korea’s exports continued to increase by 1.6% in the first ten days of December when compared to the same period of 2015 following the 2.7% increase recorded in November on a yearly basis. The rise was attributed to the increase in the exports of petrochemicals and semiconductors by 19% and 5.9% respectively as opposed to the steep fall in the exports of auto parts by 9.7% year on year.

However, the data from Korea Customs also showed that imports dropped slightly by 0.1 year on year in the first ten days of December, which created a trade surplus of $720 million.
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