S. Korea’s exports gain 11 pct during first 20 days of March

Exports rose 11.2 percent on-year in the first 20 days of March, data showed Thursday. Outbound shipments reached US$34.13 billion in the March 1-20 period, compared with $30.69 billion tallied a year earlier, according to the data from the Korea Customs Service. Per-day exports also advanced 11.2 percent on-year to $2.35 billion. Exports, a key economic growth engine, have been on a solid recovery track since late last year after a yearlong downturn. In February, exports advanced 4.8 percent on-year to $52.4 billion, the fifth consecutive monthly gain, on the back of strong demand for semiconductors. Source: Yonhap News Agency