April 27, 2024
Economy
Korea’s exports keep upward trend
[THE INVESTOR] Korea continued to see brisk exports last month, backed by a rise in oil prices, recovering global trade and a rise in shipments of semiconductors, data from the Ministry of Trade, Industry and Energy and Korea International Trade Association showed on Aug. 1.
Exports climbed 19.5 percent on-year in July, continuing its rise for nine consecutive months and posting double-digit growth for seven straight months.
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Outbound shipments reached US$48.85 billion, up from US$40.88 billion a year ago. Trade surplus came to US$10.6 billion, marking 66 straight months.
(theinvestor@heraldcorp.com)
