SEOUL, 1st January, 2025 (WAM) -- The Republic of Korea's exports advanced 8.2 percent on-year in 2024 to set a new annual record on robust shipments of semiconductors, Yonhap News Agency reported, citing government data on Wednesday.
Outbound shipments came to US$683.8 billion last year, compared with the previous record of $683.6 billion set in 2022, according to the data compiled by the Ministry of Trade, Industry and Energy.
Imports fell 1.6 on-year to $632 billion, resulting in a trade surplus of $51.8 billion.