Exports up 36.7 % during first 10 days of April on robust chip demand

Korea's exports jumped 36.7 percent from a year earlier in the first 10 days of April, driven by strong overseas demand for semiconductors, data showed Monday. Outbound shipments reached $25.2 billion in the April 1-10 period, compared with $18.4 billion tallied in the same period last year, according to the data from the Korea Customs Service. It marked the country's highest exports ever recorded for the first 10 days of a month, surpassing the previous record of $21.7 billion set in the same period last month. By item, exports of semiconductors surged 152 percent on-year to $8.6 billion amid the global artificial intelligence (AI) boom. The figure marked the highest amount ever recorded for the first 10 days of a month. Chip exports accounted for 34 percent of the country's total exports over the cited period, up 15.6 percentage points from the same period last year. Exports of petroleum products jumped 38.6 percent on-year to $1.8 billion. But automobile exports went down 6.7 percent to $1.7 billion, while shipments of auto parts dipped 7.3 percent on-year to $654 million. By destination,

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