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S. Korea's export rises 34.9 pct in August

SEOUL
2021-09-01 11:49

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SEOUL, Sept. 1 (Xinhua) -- South Korea's export logged a double-digit growth for the sixth consecutive month amid the continued recovery in global demand, a government report showed Wednesday.

Export, which accounts for about half of the export-driven economy, amounted to 53.23 billion U.S. dollars in August, up 34.9 percent from a year earlier, according to the Ministry of Trade, Industry and Energy.

It was the biggest August reading, keeping a double-digit increase for six months since March. The shipment grew in double figures for 10 months since November last year.

Import surged 44.0 percent over the year to 51.56 billion dollars in August, sending the trade surplus to 1.67 billion dollars. The trade balance stayed in black for 16 straight months.
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