The 9.8 percent year-on-year jump in exports was mainly explained by a 35.4 percent surge in exports of milk powder, butter & cheese (compared to 29.0 percent in the previous month). Logs, wood & wood articles climbed 17.7 percent after advancing 10.1 percent in March. Exports to China increased at a softer pace of 22.5 percent in April after surging 43.5 percent in the previous month. Shipments to Japan also grew at a softer rate, increasing by 12.7 percent (versus 18.8 percent). Contrastingly, exports to Korea advanced at a faster pace of 15.4 percent (compared to 6.2 percent), while shipments fell to the European Union (-7.8 percent), the United States (-5.3 percent), and Australia (-0.6).
Meanwhile, the 4.9 percent year-on-year climb in imports was mainly triggered by a 21.2 percent surge in petroleum & products, following a 6.2 percent contraction in the previous month. Imports of vehicles, parts, and accessories expanded at a softer pace of 8.1 percent (compared to 28.1 percent in March). Imports from Japan rose at a weaker rate of 3.5 percent after surging 28.8 percent in the previous month. Imports from the United States declined 4.5 percent after climbing 11.1 percent in March.