Korean News TV

Exports increased by 11 percent in mid-March… Trade balance deficit: $700 million

By the middle of this month, exports had increased by more than 10% compared to a year ago.

According to the Korea Customs Service, exports from the 1st to the 20th of this month were provisionally estimated at 34.125 billion dollars, increasing by 11.2% compared to the same period last year.

According to the article, the export of semiconductors increased by 46.5%, ships by 370.8%, and passenger cars by 7.7%.

During the same period, imports decreased by 6.3% and amounted to 34.836 billion dollars, but since imports exceeded exports, the trade balance registered a deficit of 711 million dollars.

Journalist Park Ji-woon (zwoonie@yna.co.kr)

#Customs Service #Trade Balance #Export Import

Yonhap News TV article requests and reports. KakaoTalk/Line jebo23


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