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By Kang Yoon-seung

SEOUL, Aug. 21 (Yonhap) -- South Korea's exports surged 56 percent from a year earlier over the first 20 days of August, customs data showed Friday, with shipments of semiconductors reaching a fresh high.

Outbound shipments reached US$55.2 billion in the Aug. 1-20 period, according to data from the Korea Customs Service. It was the highest level for the 20-day period for any August.

Imports went up 19 percent on-year to $41.2 billion over the cited period, resulting in a trade surplus of $14 billion.

The customs agency noted the daily average exports for the period shot up 61.5 percent from a year earlier to $3.94 billion.

By sector, exports of chips nearly tripled to $26 billion, marking the highest amount for the period.

Chips accounted for 47.2 percent of total exports, up 22.5 percentage points from a year earlier.

Outbound shipments of petroleum products gained 56.4 percent to $4.23 billion, and those of steel rose 9.7 percent to $2.39 billion.

Exports of automobiles, on the other hand, slipped 45.1 percent to $1.52 billion.

By destination, exports to China more than doubled to $15.26 billion, and those to the United States gained 59.4 percent to $7.97 billion.

Accumulated exports through Thursday this year came to $650.2 billion, rising 51 percent from a year earlier.

colin@yna.co.kr

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