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Last Update: ،
2025/11/09
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12:48:02
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Latest News:
Tariq Saleh Discusses International Efforts to Tackle Climate Change with Turkish Vice President
President al-Alimi Concludes Visit to Cairo After Participating in Opening Grand Egyptian Museum
Prime Minister Concludes Visit to Qatar After Participating in the Second World Summit on Social Development
PLC Member Tariq Saleh meets Kuwaiti Oil Minister
Transport Minister discusses with Economic Advisor to UN Envoy economic situations, navigation traffic
S. Korea exports rise 11.4 percent in August
[01/09/2024 04:08]
SEOUL-SABA
South Korea's exports extended on-year gains to the 11th straight month in August, data showed Sunday, driven by the strong demand for semiconductors.
South Korea News Agency (Yonhap) reported that outbound shipments rose 11.4 percent on-year to US$57.9 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy.
Imports added 6 percent on-year to $54 billion, resulting in a trade surplus of $3.83 billion. South Korea has been maintaining a trade surplus for 15 consecutive months.
"With overall exports reaching the highest amount for any August and shipments to major trade partners maintaining growth, the country is on the path for record exports," Industry Minister Ahn Duk-geun said in a statement.
Ahn added that geopolitical uncertainties in the Middle East still pose a threat to South Korea's exports, noting that the government will continue to monitor related situations and offer necessary measures.
South Korea's exports extended on-year gains to the 11th straight month in August, data showed Sunday, driven by the strong demand for semiconductors.
South Korea News Agency (Yonhap) reported that outbound shipments rose 11.4 percent on-year to US$57.9 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy.
Imports added 6 percent on-year to $54 billion, resulting in a trade surplus of $3.83 billion. South Korea has been maintaining a trade surplus for 15 consecutive months.
"With overall exports reaching the highest amount for any August and shipments to major trade partners maintaining growth, the country is on the path for record exports," Industry Minister Ahn Duk-geun said in a statement.
Ahn added that geopolitical uncertainties in the Middle East still pose a threat to South Korea's exports, noting that the government will continue to monitor related situations and offer necessary measures.
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