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(LEAD) S. Korea's exports jump 13.5 pct on-year in May

All News 09:17 June 01, 2018

(ATTN: ADDS more details in last 2 paras, photo)

SEJONG, June 1 (Yonhap) -- South Korea's exports spiked 13.5 percent in May from a year earlier, rebounding from a brief dip in the previous month, government data showed Friday.

Outbound shipments reached US$50.98 billion last month, compared with $44.92 billion a year ago, according to the data compiled by the Ministry of Trade, Industry and Energy.

Imports surged 12.6 percent on-year to $44.25 billion.

South Korea's trade surplus came to $6.73 billion, marking 76 straight months in which the country's exports have exceeded imports, the ministry said.

May is also the third straight month that the country's exports topped the $50 billion mark, according to the ministry.

In the first five months of the year, the country's cumulative exports reached a record $246.4 billion, up 8.2 percent from a year earlier.

Containers carrying export goods are stacked on the piers of South Korea's largest port city, Busan, on Jan. 1, 2018. (Yonhap)

Containers carrying export goods are stacked on the piers of South Korea's largest port city, Busan, on Jan. 1, 2018. (Yonhap)

sam@yna.co.kr
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