이 누리집은 대한민국 공식 전자정부 누리집입니다.

한상넷

비즈니스 정보

Biz News Korea(Eng)

S. Korea’s exports up 11.6% on yr in first 20 days of August

Collected: 2017.08.21

Distributed: 2017.08.21

Source: Go Direct

South Korea’s exports kept up growth pace in August for the ninth month in a row and grew 11.6 percent on year to reach $25.1 billion in the first 20 days, according to the Korea Customs Service on Monday.

Exports have maintained double-digit growth since January. At this pace, Korean exports could end the month in the longest winning streak - 10 months in a row - since December 2011.

Daily volume of exports averaged $1.73 billion, up 19.3 percent from a year ago.

The main growth drivers were semiconductors and petroleum products, which jumped 42.4 percent and 41.8 percent, respectively. Automobile shipment also rose 21.0 percent on year.

But ship delivery and mobile device shipment retreated 26.7 percent and 21.7 percent, respectively, compared to a year earlier.

By country, exports to the European Union jumped 30.6 percent, Vietnam 22.0 percent, and the United States 14.2 percent. Shipment to China also rose 7.3 percent. But exports to Hong Kong and the Middle Eastern countries fell by 13.0 percent and 3.0 percent, respectively.

The nation’s imports reached $25.5 billion, up 11.2 percent from a year-ago period, to deliver a trade deficit of $400 million.

By Yoon Won-sup

List

Previous: Coway’s water purifier sales blossom in Asia and ME

Next: S. Korea’s Posco Daewoo to open a hotel in Myanmar