SEOUL, Feb. 14 (Yonhap) -- South Korea's exports of information and communication technology (ICT) products hit a new monthly high in January on robust global demand for chips and displays, data showed Monday.
Outbound shipments of ICT products reached US$19.65 billion last month, up 20.7 percent from a year earlier, according to the data from the Ministry of Science and ICT.
The January tally represents the largest-ever monthly amount and the 10th consecutive month of on-year gains since April last year.
ICT imports stood at $12.32 billion last month, up 14.4 percent from the previous year, resulting in a trade surplus of $7.33 billion in the sector.
Chips and displays bolstered the country's ICT exports in January. Semiconductor shipments surged 24.1 percent on-year to $10.89 billion, exceeding the $10 billion mark for the ninth consecutive month.
Display exports jumped 13.3 percent on-year to $2.35 billion, and overseas shipments of computer parts surged 54.3 percent to $1.53 billion.
Outbound shipments of mobile phones, however, shrank 12.9 percent to $1.04 billion.
By destination, shipments to China, South Korea's largest trading partner, and Hong Kong jumped 24.3 percent on-year to $9.2 billion.
Exports to Vietnam rose 12.4 percent to $3.32 billion, with those to the United States adding 8.6 percent to $2.06 billion and those to the European Union advancing 16.1 percent to $1.05 billion, the data showed.
In January, South Korea's overall exports jumped 15.2 percent to $55.32 billion from a year earlier on the back of brisk demand for chips and petrochemicals.
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