SEOUL, Nov. 29 (Xinhua) -- South Korea's export volume rose for the second consecutive month in October on higher demand for locally-made semiconductors and oil products, central bank data showed Wednesday.
The export volume index gained 7.4 percent in October from a year earlier after growing 1.0 percent in the previous month, according to the Bank of Korea (BOK).
In terms of volume, the outbound shipment for computer, electronic and optical devices, including semiconductors, expanded 6.1 percent in October on a yearly basis, keeping an upward trend for the third straight month.
Export volume for coal and oil products surged 28.6 percent, and the figures for transport equipment and chemical products increased 9.8 percent and 3.8 percent respectively.
The export value index added 2.4 percent in October from a year earlier, marking the first rebound in 13 months.
The import volume index dwindled 5.0 percent in October from a year earlier after going down 10.6 percent in July, 12.2 percent in August and 7.6 percent in September.
The import value index dipped 10.5 percent last month, keeping a downward trend for the eighth successive month since March.
The net terms-of-trade index for goods, which gauges the amount of import that can be bought with a unit-export proceed, rose 1.1 percent in October from a year earlier owing to the faster fall in import prices than export prices. ■
