Breaking
CNThe big tree in front of the Hengchun Tourism Hospital was broken by strong winds and hit the YouBikeKRSeoul court to rule on Yoon Suk Yeol's charges of aiding former defense minister's flightTRHeavy downpour and storm in Italy caused 3 deathsBRSP Civil Defense warns of risk of severe storms and possible tornado between Friday and SaturdaySAUS officials say hundreds of IRGC officers operating in Yemen to support Houthi operations targeting Bab al-Mandab StraitKROne body found in Yeosu empty house fireBRIntense rains, hail and tornadoes cause destruction in ParanáKRSeoul shares open sharply lower tracking Wall Street losses amid U.S. inflation concernsESTomás Pérez-Sauquillo, former president of Invercaria, faces 21 and a half years in prison for embezzlement and prevaricationESInflation and interest rates will rise until 2028, according to the ECB and FuncasCNThe big tree in front of the Hengchun Tourism Hospital was broken by strong winds and hit the YouBikeKRSeoul court to rule on Yoon Suk Yeol's charges of aiding former defense minister's flightTRHeavy downpour and storm in Italy caused 3 deathsBRSP Civil Defense warns of risk of severe storms and possible tornado between Friday and SaturdaySAUS officials say hundreds of IRGC officers operating in Yemen to support Houthi operations targeting Bab al-Mandab StraitKROne body found in Yeosu empty house fireBRIntense rains, hail and tornadoes cause destruction in ParanáKRSeoul shares open sharply lower tracking Wall Street losses amid U.S. inflation concernsESTomás Pérez-Sauquillo, former president of Invercaria, faces 21 and a half years in prison for embezzlement and prevaricationESInflation and interest rates will rise until 2028, according to the ECB and Funcas
Newsgather
All StoriesWorldSportsFinanceTechScienceHealthCultureClimatePoliticsSpace
BackSouth Korea's exports jump 83% in first 10 days of September
South Korea's exports jump 83% in first 10 days of September
Developing
Yonhap News17 minutes agoBusiness1 min readSouth Korea

South Korea's exports jump 83% in first 10 days of September

south koreaexportsimports

Quick Look

South Korea's exports surged 83% year-on-year to $35 billion in the first 10 days of September, while imports rose 20.7% to $24.6 billion, creating a $10.4 billion trade surplus, according to Korea Customs Service data.

AI-generated summary

Why It Matters

South Korea's export-driven economy has been recovering from global slowdowns, with September data showing early signs of renewed strength in key industries.

Font size

SEOUL, Sept. 11 (Yonhap) -- South Korea's exports surged 83 percent from a year earlier over the first 10 days of September, customs data showed Friday.

Outbound shipments reached US$35 billion in the Sept. 1-10 period, according to the data from the Korea Customs Service.

Imports went up 20.7 percent on-year to $24.6 billion over the cited period, resulting in a trade surplus of $10.4 billion.

What to Watch

AI outlook — possibilities, not facts

  • South Korea's monthly exports will continue to show strong year-on-year growth for the remainder of September

    Likely · Within weeks

Open Questions

  • Which specific products drove the export growth?
  • How sustainable is this growth rate beyond the first 10 days of September?
  • What are the implications for South Korea's annual trade forecast?

Related Topics

south korea
OrganizationsKorea Customs Service
PlacesSouth Korea
Topicsexportsimportstrade surpluskorea customs serviceseptember trade data
This article was originally published by Yonhap News.

Related Stories

The spread of AI agents is expected to reorganize the competitive landscape of financial companies
Developing·

The spread of AI agents is expected to reorganize the competitive landscape of financial companies

According to the Toss Insight report, when AI agents compare and select financial products and process transactions on behalf of consumers, competition among financial companies is expected to be reorganized to focus on the ability to organize selection from customer lock-in. Accordingly, product data accuracy, customer-specific evaluation ability, and transaction stability will become new competitive strengths.

연합뉴스
2 min read
Samsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia
Developing·

Samsung E&A Wins $3.5 Billion Fertilizer Plant Contract in Saudi Arabia

Samsung E&A Co. announced it has secured a 4.7 trillion-won (US$3.5 billion) EPC contract for a fertilizer plant in Saudi Arabia's Jubail Industrial City. The SAN-7 project, awarded by SABIC Agri-Nutrients, will produce 3,500 tons of ammonia and 7,700 tons of urea daily for export, featuring a carbon capture system to reuse CO2 from ammonia production. Completion is scheduled for 2030.

Yonhap News
1 min read
Goyang City announces support for electric vehicle purchase costs... Targets 320 passenger cars and 60 trucks
Developing·

Goyang City announces support for electric vehicle purchase costs... Targets 320 passenger cars and 60 trucks

Goyang City announced that it would invest 2.7 billion won to provide subsidies for 320 electric passenger vehicles and 60 electric cargo vehicles. Young first-time buyers, households with multiple children, small business owners, etc. can receive additional support, and up to 1.3 million won in conversion support is also provided when scrapping an internal combustion engine vehicle and purchasing an electric vehicle.

연합뉴스
1 min read
More on this topicsouth korea