SEOUL, March 1 (Yonhap) — South Korea’s exports moved up for the fifth consecutive month in February as the outbound shipments of chips maintained an upward trajectory, data showed Friday. Outbound shipments advanced 4.8 percent on-year to US$52.4 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy. Imports shed 13.1 percent on-year to $48.1 billion last month, resulting in a trade surplus of $4.29 billion. South Korea has maintained a trade surplus since June 2023. By sector, exports of chips jumped 66.7 percent on-year in February to $9.94 billion, growing for the fourth consecutive month and marking the sharpest increase since the 69.6 percent rise tallied in October 2017. The ministry attributed the…
