Republic of Korea’s Exports up 46.4 Percent in First 10 Days of August

Seoul, Republic of Korea's exports rose 46.4 percent on-year in the first 10 days of August on the back of robust demand for chips and petroleum products, customs data showed Wednesday according to Yonhap News Agency.

The country's outbound shipments stood at US$12.7 billion in the Aug. 1-10 period, compared with $8.69 billion a year earlier, according to the data from the Korea Customs Service.

Imports jumped 63.1 percent on-year to $17.4 billion, resulting in a trade deficit of $4.69 billion during the cited period, the data showed.

Source: Saudi Press Agency