Latest Korea Customs Service News & Updates

South Korea’s Exports Surge 49.4% in April Driven by Semiconductor Demand

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Seoul, April 21 (IANS) South Korea’s exports surged 49.4 per cent from a year earlier in the first 20 days of this month, driven by strong demand for semiconductors, data showed on Tuesday.Outbound shipments reached $50.4 billion in the April 1-20 period, compared with $33.7 billion tallied over the same period last year, according to the data from the Korea Customs Service. The tally marked the highest figure for the first 20 days of April, reports Yonhap news agency.Imports increased 17.7 perc…

South Korea’s Exports Surge 44.4% in Early February Driven by Semiconductor Demand

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Seoul, Feb 11 (IANS) South Korea’s exports jumped 44.4 per cent from a year earlier in the first 10 days of February, driven by strong demand for semiconductors, data showed on Wednesday.Outbound shipments reached US$21.39 billion in the Feb. 1-10 period, compared with $14.81 billion tallied a year earlier, according to the data from the Korea Customs Service, reports Yonhap news agency.Imports went up 21.1 percent on-year to $20.74 billion during the period, resulting in a trade surplus of $64 …

South Korea’s Exports Surge Nearly 15% in January’s First 20 Days

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Seoul, Jan 21 (IANS) South Korea’s exports expanded 14.9 per cent from a year earlier in the first 20 days of this month, driven by strong demand for semiconductors, data showed on Wednesday.Outbound shipments reached US$36.36 billion in the January 1-20 period, compared with $31.63 billion tallied over the same period last year, according to the data from the Korea Customs Service, reports Yonhap news agency.Imports increased 4.2 per cent on-year to $36.98 billion during the period, resulting i…

South Korea’s Annual Exports Exceed $700 Billion for the First Time

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Seoul, Dec 29 (IANS) South Korea’s annual exports surpassed US$700 billion for the first time on Monday, making the country the sixth in the world to reach the milestone, government data showed.Outbound shipments tentatively exceeded the mark at 1:03 p.m., according to the data from the Ministry of Trade, Industry and Resources and the Korea Customs Service, reports Yonhap news agency.South Korea followed the United States, Germany, China, Japan and the Netherlands in surpassing the milestone, t…