S.Korea's export logs double-digit growth in 1st 10 days of December

Xinhua
13 Dec 2021, 17:55 GMT+10

SEOUL, Dec. 13 (Xinhua) -- South Korea's export logged double-digit growth in the first 10 days of December on the back of the continued global demand recovery from the COVID-19 pandemic, customs office data showed on Monday.

Export amounted to 19.5 billion U.S. dollars in the December 1-10 period, up 20.4 percent from the same period of last year, according to Korea Customs Service.

Semiconductor export jumped 26.5 percent, and oil products shipment almost doubled amid a higher global price for crude oil.

Automotive export declined 6.2 percent in the 10-day period, but shipment for precision machinery and computer gained ground.

Export to China, South Korea's biggest trading partner, advanced 24.9 percent, while those to the United States and the European Union (EU) went up 18.3 percent and 24.2 percent each.

Shipment to Vietnam and Japan increased in single digits for the first 10 days of this month.

Import surged 42.3 percent from a year earlier to 22 billion dollars, sending the trade deficit to 2.5 billion dollars.

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