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Exports rise 21.6 pct from April 1-10


South Korea’s exports rose 21.6 percent on-year in the first 10 days of April, data showed Thursday.

Outbound shipments reached US$16.44 billion in the April 1-10 period, compared with $13.52 billion tallied a year earlier, according to the data from the Korea Customs Service.

Imports grew 5.8 percent on-year to $18.4 billion during the period, resulting in a trade deficit of $2 billion.

In March, exports advanced 3.1 percent on-year to $52.2 billion, the sixth consecutive monthly gain, on the back of strong demand for semiconductors.

Source: Yonhap News Agency