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Korea's exports up 13.5% in first 20 days of September

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By Yonhap
  • Published KST
  • Updated KST
Container boxes are stacked at a port in Pyeongtaek, Gyeonggi Province, Sept. 4. Yonhap

Container boxes are stacked at a port in Pyeongtaek, Gyeonggi Province, Sept. 4. Yonhap

Korea's exports expanded 13.5 percent from a year earlier in the first 20 days of this month, data showed Monday.

Outbound shipments reached $40.12 billion in the Sept. 1-20 period, compared with $35.36 billion tallied over the same period last year, according to the data from the Korea Customs Service.

Imports increased 9.9 percent on-year to $38.22 billion during the period, resulting in a trade surplus of $1.9 billion, the data showed.

In August, exports, a key economic growth engine for the country, rose 1.3 percent on-year to $58.4 billion thanks to strong demand for semiconductors.