South Korea exports extend gains to 8th straight month in May

Presidential Leadership Council reviews national, regional developments

The Presidential Leadership Council (PLC) held a meeting Today, Thursday, presided over by His Excellency President Dr. Rashad al-Alimi, Chairman of the Council, with the presence of its members Aidarous al-Zubaidi, Dr. Abdullah al-Alimi, Othman Mujalli and via video conference Tariq Saleh and Abdul Rahman al-Mahrami, while Council members Sultan al-Aradah and Faraj al-Bahsani were absent with excuse.

Bulgaria, Romania, Austria to sign declaration supporting Bulgaria's accession to Schengen by land

Bulgaria’s Caretaker Prime Minister has said that on Friday, November 22, the interior ministers of Bulgaria, Romania and Austria will sign a declaration supporting the full membership of Bulgaria to the Schengen Zone.

S. Korea's exports rise up 5.8 percent

South Korea's exports rose 5.8 percent year-on-year in the first 20 days of November, driven by strong global demand for semiconductors and ships.

Portugal beats Poland 5-1 qualifying for knockout stages of UEFA Nations League

Portugal qualified for the knockout stages after of UEFA National League after defeating Poland 5-1.

Last Update: ، 2024/11/21 Time 10:25:07
Latest News:

Al-Zubaidi: Australia's designation Houthis, terrorist group supports international unity against terrorism

Al-Aradah discusses military developments with advisor of UN envoy for Yemen

CBY Deputy Governor discusses economic, financial developments with Chinese diplomat

Yemen signs an agreement with Arab League to organize goods transport on highways

PM receives Chinese Chargé d'Affaires to Yemen

South Korea exports extend gains to 8th straight month in May

[02/06/2024 02:12]

SEOUL-SABA
South Korea's exports extended on-year gains to the eighth straight month in May on the back of strong shipments of semiconductors, data showed Saturday.

South Korean News Agency (Yonhap) reported that outbound shipments rose 11.7 percent on-year to US$58.1 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy.

Imports shed 2 percent on-year to $53.1 billion last month, resulting in a trade surplus of $4.96 billion. South Korea has been maintaining a trade surplus for 12 consecutive months.

It was also the highest trade surplus in 41 months.

The growth came amid the rising global demand for automotive chips, along with premium memory chips, the ministry said, according to Yonhap.