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South Korea's July 1-20 exports surge 22.4 percent year-on-year: customs agency

Published 07/20/2017, 08:21 PM
Updated 07/20/2017, 08:30 PM
© Reuters. Crane carries a container from a ship at the PNC container terminal at the Busan New Port in Busan

SEOUL (Reuters) - South Korean exports jumped 22.4 percent in the first 20 days of July versus the same period a year ago in U.S. dollar terms, while imports rose 13.3 percent, customs data showed on Friday.

Exports to China and the United States edged up by 3.2 percent and 5.4 percent, respectively, while shipments to the European Union and Vietnam jumped by 13.4 percent and 21.9 percent each, the Korea Customs Service said.

Ships and semiconductors drove overall exports, rising 245.6 percent and 47.7 percent, respectively.

South Korea posted a trade surplus of $4.1 billion for the July 1-20 period.

The full-month figure will be released on Aug 1.

Latest comments

S.Korean trading and account surplus has indeed been on the top in the world since last a decade, based on population ratio:)
As I've said already a month ago, Go long and long for Won, Yen, ****** TWD against US$, Aussie$, H.K$, Singapore$ till when? at least by the end of 2019yr:)
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