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S.Korea's exports rise 13.7 pct in June at 51.4 bln USD

SEOUL
2017-07-01 08:22

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South Korea's exports rose 13.7 percent from a year earlier to 51.4 billion U.S. dollars in June, a government report showed Saturday.

The exports, which account for about half of the export-driven economy, kept an upward momentum for the eighth consecutive month, according to the Ministry of Trade, Industry and Energy.

The overseas shipments also posted a double-digit expansion for six months in a row since January this year.

Imports advanced 18 percent over the year to 40 billion dollars in June, sending last month's trade surplus to 11.4 billion dollars.

The trade balance stayed in black for 65 straight months. During the January-June period, exports reached 279.4 billion dollars, up 15.8 percent compared with the same period of last year. It was the biggest figure since the second half of 2014 when the exports recorded 289.5 billion dollars.

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