Overview

• Outbound shipments reached US$19.4 billion in the first 10 days of July, up 9.5% from a year earlier.
• Imports climbed 1.8% to US$19.99 billion in the same period, producing a US$594 million trade deficit.
• Semiconductor exports surged 12.8% to US$3.83 billion, making up nearly one-fifth of total shipments.
• Automobile shipments rose 13.3% to US$1.8 billion while vessel exports spiked 134.9% to US$889 million.
• Exports to China and the United States increased by 6.2% and 6.1%, respectively, with gains also in the EU and Vietnam.