Korea Posts Strong February Export Growth
South Korea's exports rose 44.4 percent year-on-year to $21.39 billion in Feb. 1–10, driven by a 137.6 percent surge in semiconductor shipments to $6.73 billion, the Korea Customs Service reported Wednesday. Imports climbed 21.1 percent to $20.74 billion, leaving a $64 million trade surplus; exports to China and the United States jumped 54.1 percent and 38.5 percent respectively.
Scoring Rationale
Official Korea Customs data shows significant, chip-driven export surge; limited by short 10-day sample and seasonal effects.
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Sources
- Read OriginalExports up 44.4% during first 10 days of February on robust chip demandkoreatimes.co.kr
