Exports of semiconductors and wire communication devices soared 15.7 percent and 31.2 percent year-on-year in November, respectively, while shipments of petrochemical products, auto parts and vehicles fell 22.6 percent, 6.8 percent and 5.2 percent, according to the Korea Customs Service (KCS).
Overall exports came to $46.9 billion, down 2.1 percent from the same month of last year, while imports decreased 4 percent to $41.4 billion. This marked the 34th consecutive month that the nation has logged a trade surplus.
The cumulative surplus in the first 11 months of 2014 amounted to $41.6 billion, the report said.
The nation's trade volume exceeded the US$1 trillion mark for the fourth consecutive year in 2014. Exports amounted to $520.16 billion as of Nov. 28, while imports totaling $479.83 billion.
In terms of trade volume, South Korea ranked ninth in the world in 2013.
reporter
Park Sae-jin
swatchsjp@ajunews.com
