S. Korea’s January exports in double-digit growth for 2nd month in a row
Dhaka 5 Februay 2021:
South Korea’s exports grew at a double-digit rate from a year ago in January for the second month in a row, mainly driven by robust demand for the country’s mainstay export items such as semiconductors and automobiles.
The country’s outbound shipments rose 11.4 percent in January from the same period a year ago to $48.01 billion, data from the Ministry of Trade, Industry and Energy said on Monday. Exports have been in the positive after turning to a growth of 4.0 percent in November and picking up to 12.6 percent in December.
Daily exports averaged $2.13 billion, up 6.4 percent from a year earlier based on the same number of working days from a year ago and in the highest January turnover.