S. Korea's exports grows 1.4 percent for the 14th consecutive month

Presidential Leadership Council Affirms Full Support for Government's Program, Praises Saudi Efforts

The Presidential Leadership Council held a meeting on Sunday evening, chaired by His Excellency President Dr. Rashad Mohammed al-Alimi, the Chairman of the Council.

Casualty Toll from Israeli Offensive on Gaza Rises to 72,070 Martyrs, 171,738 Injured

The casualty toll from the Israeli occupation’s offensive on the Gaza Strip since October 7, 2023, has risen to 72,070 martyrs and 171,738 injured, according to the Ministry of Health in Gaza.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/22 Time 10:59:27
Latest News:

Minister of Transport sets priorities for current stage

Minister al-Bakri Discusses with UN Envoy’s Office Government Efforts to Strengthen Security, Stability

Minister of Defense convenes meeting of his assistants, heads of military agencies

Yemen condemns statements of U.S. Ambassador to Israel

Al-Wadiah Port Security foils attempt to smuggle thousands of Captagon pills

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".