Seoul: South Korea's exports rose by 3.1 percent from a year earlier in March, marking a second consecutive month of increase, driven by demand for semiconductors, data showed Tuesday.
According to Yonhap News Agency, outbound shipments reached $58.3 billion last month, compared to $56.5 billion the previous year, as compiled by the Ministry of Trade, Industry and Energy.
Imports increased by 2.3 percent on-year to $53.3 billion, resulting in a trade surplus of $4.98 billion. Overseas sales of semiconductors surged 11.9 percent on-year to $13.1 billion in March due to demand for high-value products.