S. Korea's exports continue rally, surge 17.4 pct in Aug.

(September 1).- South Korea's exports extended their double-digit growth to eight straight months in August on record shipments of semiconductors, government data showed Friday. Outbound shipments came to US$47.1 billion in the month, up from $40.1 billion tallied a year earlier, according to data compiled by the Ministry of Trade, Industry and Energy, and the Korea Customs Service.

The country's exports have been on a steady rise since November led by an upturn in oil prices and recovering global trade. August marked the eighth month in a row that exports grew by double digits.

Source: Yonhap News


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