Data released by the South Korean Customs Agency on Tuesday showedhorizonblockchainSouth Korea's exports increased by 1.1 percent year-on-year in the first 20 days of Mayhorizonblockchain.5%, to US$32.7 billion.
Imports fell 9.9 percent over the same periodhorizonblockchain.8% to US$33 billion, resulting in a trade deficit of US$304 million.
In terms of export varieties, chip exports increased by 45.5% to US$6.19 billion, and petroleum product exports increasedhorizonblockchain1.9%. Exports of automobiles and mobile equipment fell by 4.2% and 9%, respectively.
In terms of destination, exports to China, its largest trading partner, increased by 1.3% during the period, and exports to the United States increased by 6.3%. Exports to Vietnam increased by 10.5%, while exports to the EU fell by 11.8%.
