South Korea’s exports increased by 1.3% during March

On April 1 / WAM / Data today showed “Tuesday”, South Korea’s exports, by 1.3% on an annual basis last March, while the second month in a row is to increase an increase in exports, which is due to the recovery of the demand for semiconductor products and information technology products.
The South Korean Yonhap News Agency reported that the data of the Ministry of Trade, Industry and Energy showed that the value of exports amounted to 58.3 billion dollars last month compared to 56.5 billion dollars during the past year.
Imports increased by 2.3% on an annual basis to reach $ 53.3 billion, resulting in a $ 4.98 billion trade surplus.
Exports to China increased by 4.1% to $ 10.1 billion during the past month due to weak electronic chips sales, while exports to the United States increased by 2.3% to $ 11.11 billion.
The data also showed that exports to the Middle East increased by 13.6% to reach 1.8 billion dollars, recording the second increase in a row, while exports to Japan increased by 2.2% to reach
$ 2.2 billion.
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