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Drones over U.S. may pose security risks
SEOUL, Dec. 1 (UPI) -- South Korea Tuesday reported its November exports jumped 18.8 percent from the same period of last year, producing a monthly trade surplus of $4.05 billion.
The Ministry of Knowledge Economy said the November numbers, driven by semiconductors, displays and petrochemicals, were the 10th straight month of year-to-year increase, Yonhap news agency reported.
November exports rose 18.8 percent to $34.27 billion, while imports rose 4.7 percent from the same month of last year to $30.22 billion, resulting in a $4.05 billion surplus, up from $3.63 billion in October.
"A surge in exports of such products as semiconductors, liquid crystal displays and petrochemicals all helped push up exports last month," said Kang Myung-soo, head of the ministry's export-import division.
In the first 11 months of this year, South Korean exports totaled $328.31 billion and imports $290.49 billion for a trade surplus of $37.82 billion.
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