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Foreign Minister, Italian Ambassador Discuss Joint Relations, Cooperation
President al-Alimi: Yemen Has Entered New Stage of Taking the Lead and State-Building
Foreign Minister Praises China's Supportive Stances in Support of Yemen's Unity, Sovereignty, Security
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Latest News:
Foreign Minister, Italian Ambassador Discuss Joint Relations, Cooperation
President al-Alimi: Yemen Has Entered New Stage of Taking the Lead and State-Building
Foreign Minister Praises China's Supportive Stances in Support of Yemen's Unity, Sovereignty, Security
PM Chairs Joint Meeting to Strengthen Coordination Between Trade and Finance Ministries
Ambassador Discusses Expanded Cooperation with JICA
S. Korea's exports grows 1.4 percent for the 14th consecutive month
[01/12/2024 12:14]
SEOUL-SABA
South Korea's exports recorded year-on-year growth for the fourteenth consecutive month in November, thanks to the strong performance of the chip sector.
The Ministry of Trade, Industry and Energy said in a statement carried by the Korean news agency (Yonhap) that exports rose 1.4 percent year-on-year to 56.3 billion U.S. dollars last month.
Imports fell 2.4 percent year-on-year to $50.7 billion, resulted in a trade surplus of $5.61 billion, bringing South Korea to a trade surplus for 18 consecutive months.
"In November, exports faced unexpected obstacles, including a strike by auto parts manufacturers that led to a decline in car production and weather conditions that hampered shipments", Industry Minister Ann Duc-Guillon said in a statement.
He added "However, South Korea managed to maintain export growth for 14 consecutive months, in addition to achieving a trade surplus for 18 consecutive months, thanks to the strong performance of key sectors such as semiconductors and ships".
South Korea's exports recorded year-on-year growth for the fourteenth consecutive month in November, thanks to the strong performance of the chip sector.
The Ministry of Trade, Industry and Energy said in a statement carried by the Korean news agency (Yonhap) that exports rose 1.4 percent year-on-year to 56.3 billion U.S. dollars last month.
Imports fell 2.4 percent year-on-year to $50.7 billion, resulted in a trade surplus of $5.61 billion, bringing South Korea to a trade surplus for 18 consecutive months.
"In November, exports faced unexpected obstacles, including a strike by auto parts manufacturers that led to a decline in car production and weather conditions that hampered shipments", Industry Minister Ann Duc-Guillon said in a statement.
He added "However, South Korea managed to maintain export growth for 14 consecutive months, in addition to achieving a trade surplus for 18 consecutive months, thanks to the strong performance of key sectors such as semiconductors and ships".
Key words:
semiconductors - manufacturers - Imports - consecutive - SABA South - performance - unexpected - production - shipments" - conditions -
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