South Korea Oct exports rise for first time in 13 months

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South Korea Oct exports rise for first time in 13 months
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SEOUL : South Korea's exports in October rose in annual terms for the first time in 13 months, trade data showed on Wednesday, coming in only a little weaker than market expectations. Overseas sales last month by Asia's fourth-largest economy rose 5.1 per cent year-on-year to $55.

FILE PHOTO: A truck transports containers at Hanjin Shipping's container terminal at the Busan New Port in Busan, about 420 km southeast of Seoul August 8, 2013. REUTERS/Lee Jae-WonSEOUL : South Korea's exports in October rose in annual terms for the first time in 13 months, trade data showed on Wednesday, coming in only a little weaker than market expectations.

It swung from a 4.4 per cent loss the previous month and marked the first annual increase since September 2022.

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