Thu, 05 Aug 2021

SEOUL, June 14 (Xinhua) -- South Korea's export of the information and communications technology (ICT) products kept growing for 12 straight months through May, a government report showed Monday.

The ICT export advanced 27.4 percent from a year earlier to 17.73 billion U.S. dollars in May, continuing to increase for 12 months since June last year, according to the Ministry of Trade, Industry and Energy.

Import in the ICT sector expanded 17.7 percent to 10.51 billion dollars last month, sending the ICT trade surplus to 7.22 billion dollars.

The daily average shipment of ICT products surged 30.5 percent in May from a year earlier, reflecting the continued recovery in global demand from the COVID-19 pandemic shock.

The ICT export to China, South Korea's biggest trading partner, went up 19.3 percent in May on a yearly basis, with those to the United States, the European Union (EU) and Vietnam jumping over 30 percent.

Semiconductor export picked up 24.0 percent over the year to 10.11 billion dollars in May, topping 10 billion dollars in 30 months since November 2018.

Shipment for display panels and mobile phones soared 38.7 percent and 43.0 percent each, keeping a double-digit growth for the second consecutive month.

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