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S. Korea's exports rebound to 6.2 pct in July

All News 09:00 August 01, 2018

SEJONG, Aug. 1 (Yonhap) -- South Korea's exports rebounded in July from the previous month's slight fall, government data showed Wednesday.

Outbound shipments reached US$51.88 billion last month, up 6.2 percent from a year ago, according to the data compiled by the Ministry of Trade, Industry and Energy.

In June, the country's exports inched down due to fewer working days and a high base effect.

Imports surged 16.2 percent on-year to $44.88 billion last month.

South Korea's trade surplus came to $7.01 billion, marking 78 straight months in which the country's exports have exceeded imports, the ministry said.

S. Korea's exports rebound to 6.2 pct in July - 1


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