Economic boost: Pedestrians walking in the streets of Seoul as snow falls. South Korea has been maintaining a trade surplus for 19 consecutive months. — Bloomberg
SEOUL: South Korea’s exports advanced 8.2% year-on-year (y-o-y) in 2024 to set a new annual record on robust shipments of semiconductors, data shows.
Outbound shipments came to US$683.8bil last year, compared with the previous record of US$683.6bil set in 2022, according to the data compiled by the Trade, Industry and Energy Ministry.
