South Korea’s exports rose 24.6 percent on-year in the first 10 days of May, data showed Wednesday.

Outbound shipments reached US$18.58 billion in the April 1-10 period, compared with $14.91 billion tallied a year earlier, according to the data from the Korea Customs Service.

Imports added 11.3 percent on-year to $18.4 billion during the period, resulting in a trade surplus of $200 million.

In August, exports rose 11.4 percent on-year to $57.9 billion, the 11th consecutive monthly gain, on the back of strong demand for semiconductors, government data showed.

Source: Yonhap News Agency