S. Korea's export falls 14.6 pct on year from Feb. 1 to Feb. 10-Xinhua

S. Korea's export falls 14.6 pct on year from Feb. 1 to Feb. 10

Source: Xinhua

Editor: huaxia

2024-02-13 12:03:45

SEOUL, Feb. 13 (Xinhua) -- South Korea's export fell in double digits in the first 10 days of February due to less business days, customs office data showed Tuesday.

Export amounted to 15.01 billion U.S. dollars in the period, down 14.6 percent from the same period of last year, according to the Korea Customs Service.

The double-digit reduction was attributable to less working days, caused by the Lunar New Year holiday.

The daily average export gained 11.7 percent in the period. The monthly outbound shipment kept growing for the fourth straight month through January.

Semiconductor export surged 42.2 percent in the period, but those for oil products, cars, auto parts, steel products, mobile devices and precision machinery all retreated in double figures.

Import declined 24.6 percent from a year earlier to 17.01 billion dollars in the period, sending trade deficit to 2 billion dollars.