March exports up 2.9% y/y on strong ship and auto sales

Findings for the first 10 days of March show an uptick in exports driven by cars and ships.

According to the Korea Customs Service exports amounted to 13-point-9 billion U.S. dollars during this period UP 2-point-9 percent on year.

By region Korean exports to the U.S. market rose 5-point-5 percent while those to the EU jumped 6-point-8 percent.

By product semiconductors saw their share in total exports shrink slightly.