Exports rose 5.2 percent on the year to USD 49.76 billion, following a revised 1.5 percent gain in February. Sales to the US and the EU surged 17 percent and 15.2 percent yoy, respectively, up from 6.7 percent and 10.6 percent in February. Shipments to China increased 4.5 percent in annual terms.
By product, sales of mobile communication devices rose 32.1 percent yoy and shipments of automobiles and semiconductors spiked 15.9 percent and 14 percent, respectively.
In contrast, shipments of petroleum and petrochemical products decreased 3.5 percent and 5 percent yoy, respectively.
Imports increased 3.5 percent from a year earlier to USD 45.57 billion, compared with a revised 3.9 percent gain in February.