S.Korea Jan 1-20 exports jump 22.0% y/y – customs agency

SEOUL (Reuters) – South Korea’s exports for the first 20 days of January soared 22.0% from a year earlier, customs agency data showed on Friday, while imports surged 38.4%, resulting in a provisional trade deficit of $5.63 billion.

Breakdown of the data showed outbound shipments of semiconductors, cars and petroleum products jumped 29.5%, 22.8% and 84.0%, respectively.

By destination, exports to China, the United States and European Union, during the period, rose 18.8%, 28.0% and 15.8% respectively.

(Reporting by Joori Roh; Editing by Himani Sarkar)

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