South Korea's Monthly Exports Hit Record High of $87.8 Billion in May
South Korea's exports surged by 53 percent year-on-year to a new monthly record of $87.8 billion in May, driven by a strong semiconductor market, according to government data.
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S. Korea's monthly exports up 53% to record high of $87.8b in May
South Korea's exports jumped more than 50 percent from a year earlier to a new monthly high of $87.8 billion in May, driven by the semiconductor supercycle, government data showed Monday. It marked the third consecutive month the country's monthly outbound shipments surpassed the $80 billion mark, according to the Ministry of Trade, Industry and Resources. Imports rose 20.8 percent on-year to $60.8 billion, resulting in a trade surplus of $26.95 billion. (Yonhap)
By The Korea Herald
Read full article →(2nd LD) S. Korea's monthly exports up 53 pct to record high of US$87.8 bln in May - Yonhap News Agency
(2nd LD) S. Korea's monthly exports up 53 pct to record high of US$87.8 bln in May Yonhap News Agency
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