The country’s outbound shipments stood at US$17.3 billion in the June 1-10 period, compared with $12.3 billion a year earlier.
By sector, outbound shipments of memory chips, a key export item, rose 37.5 percent on-year, and those of autos soared 136.9 percent despite global supply shortages of automotive chips.
On the back of solid export growth, the Bank of Korea recently revised up its 2021 growth outlook for the Korean economy to 4 percent from its earlier forecast of 3 percent.