Exports rose by an annual 7.1 percent in December to USD 48 billion, after gaining a meager 0.2 percent in November. Compared with the previous month, shipments increased 0.33 percent.
Imports rose 3 percent over a year earlier to USD 44.36 billion. On a monthly basis, purchases also rose 3 percent.
For the full year, South Korean exports marked the highest in the country's history and grew 2.2 percent while imports fell by 0.8 percent. The country’s trade surplus reached USD 44.2 billion.