February exports 20.6%↑… Trade balance turned to surplus for the first time in three months

Last month, Korea's exports rose 20.6% from a year ago, the highest in February.

According to the Ministry of Trade, Industry and Energy, exports recorded $53.91 billion last month and imports rose 25.1% to $53.07 billion.

This is the first time that exports surpassed $50 billion in February.

Thanks to strong exports, the trade balance recorded a surplus of $840 million, returning to a surplus for the first time in three months.

Exports of most items, such as semiconductors, wireless communications, computers, displays, home appliances, steel, petrochemicals, petroleum products, and biotechnology, increased significantly, and exports to all nine major regions, including China, the United States, the European Union, and ASEAN, all increased. .