Korea's exports grow by 1.4% in November

SEOUL, 1st December, 2024 (WAM) -- The Republic of Korea's exports extended on-year gains to the 14th straight month in November, data showed Sunday, on the back of the strong performance of chips, Yonhap News Agency reported.

Outbound shipments rose 1.4 percent from a year earlier to US$56.3 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy.

Imports shed 2.4 percent on-year to US$50.7 billion, resulting in a trade surplus of US$5.61 billion. South Korea has been maintaining a trade surplus for 18 consecutive months.