Korea's exports rise 8.4% on year to $61.04B in November

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Korea's exports rise 8.4% on year to $61.04B in November

Containers are waiting to be shipped at a port in Pyeongtaek, Gyeonggi on Nov. 14. [NEWS1]

Containers are waiting to be shipped at a port in Pyeongtaek, Gyeonggi on Nov. 14. [NEWS1]

 
Korea's exports increased 8.4 percent from a year earlier in November to over $61 billion, extending the winning streak to its sixth consecutive month on the back of strong demand for semiconductors, government data showed Monday.
 
Outbound shipments came to $61.04 billion last month, the highest for any November, according to the data compiled by the Ministry of Trade, Industry and Resources.
 

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Imports gained 1.2 percent on year to $51.3 billion, resulting in a trade surplus of $9.73 billion.
 
Semiconductor exports soared 38.6 percent to an all-time high of $17.26 billion.

Yonhap
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