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Until the 20th of January, exports increased by 10.6% from the same period last year.
Accordingly, it is noteworthy whether monthly exports will continue to increase for three consecutive months.
According to the Korea Customs Service on the 21st, the export amount (preliminary value based on customs clearance) on the 1st to 20th of this month was 22.8 billion dollars, an increase of 10.6% (2.700 billion dollars) from the same period last year.
The number of working days during this period was 14.5 days, an increase of 10.6% based on the daily average, the same as last year. Monthly exports returned to a 4% increase in November last year, followed by a double-digit increase last month, showing a recovery trend.
Exports such as semiconductors (11.6%), passenger cars (15.7%), and wireless communication devices (60.5%) showed double-digit growth. Petroleum products (-45.6%) and computer peripherals (-1.1%) declined.
By export destination, China (18.6%), the United States (18.6%), Vietnam (13.4%), and the European Union (EU, 16.0%) increased, but Japan (-10.9%) and the Middle East (-15.1%). Decreased. Since this month, the UK has been left out of EU statistics.
Imports were $28.6 billion, up 1.5% ($4.2 billion) over the same period last year, and $400 million more than exports.
Semiconductors (22.5%), wireless communication devices (20.5%), machinery (6.2%) increased, while crude oil (-40.9%), gas (-15.1%), and petroleum products (-40.5%) decreased.
By import partner, Japan (29.9%), China (8.1%), EU (6.6%) and Vietnam (3.5%) increased, while the US (-12.4%) and the Middle East (-37.4%) decreased.
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