South Korea's exports jump 8.7% y/y in August to US$ 51.2 bil.
  • 6 years ago
Some welcome news on the trade front for South Korea.
The nation's exports in August jumped eight-point-seven percent on-year, thanks to strong sales of semiconductors and petrochemical products.
The Ministry of Trade, Industry and Energy says outbound shipments reached 51-point-two billion U.S. dollars last month, marking an all-time high for August.
South Korea's exports in the January-to-August period surged nearly seven percent on-year, another record high.
Imports jumped nine-point-two percent on-year to 44-point-three billion dollars in August for a trade surplus of almost seven billion dollars.
It marks the 79th month in a row that South Korea has posted a trade surplus.
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