Economy Country 2026-03-11T10:17:16+00:00

South Korea's Export Growth

South Korea's imports increased by 21.7% year-on-year to $19.4 billion, resulting in a $2.1 billion trade surplus. The country's exports in March hit a record high of $21.5 billion, up 55.6% driven by strong demand for semiconductors.


South Korea's Export Growth

Data showed that imports rose by 21.7% year-on-year to reach $19.4 billion in the same period, resulting in a trade surplus of $2.1 billion. According to data from the Korea Customs Service, reported by the Yonhap news agency, the value of exports from March 1 to 10 amounted to $21.5 billion, compared to $13.8 billion recorded in the same period last year, marking the highest level of exports the country has recorded during this period. South Korea's exports jumped by 55.6% year-on-year in the first ten days of this March, driven by strong demand for semiconductors abroad.