South Korea's exports surged 28 percent in the first ten days of August from a year earlier.
According to the Korea Customs Service on Friday, the country’s outbound shipments reached 12-point-four billion U.S. dollars from August first to tenth, up 28-point-two percent year-on-year.
The daily average exports also increased by 28-point-two percent on-year to one-point-46 billion dollars.
The surge was led by a 76-point-six percent jump in petrochemical goods and a 52-point-nine percent on-year increase in exports of semiconductors.
The country’s exports have posted on-year growth since December last year, marking double-digit growth for seven straight months since January.
Meanwhile, imports increased 14-point-five percent on-year to 14 billion U.S. dollars during the period, with a trade deficit of one-point-six billion dollars.