Wednesday, 11 August 2010

Korean Exports Set Monthly Record in May

Korean exports rose nearly 12 percent on-year to a monthly record in May thanks to brisk shipments of steel and cars, a government report showed Friday (June 1).

Overseas shipments increased 11.9 percent on-year during the month to a record $31.25 billion, according to the report by the Ministry of Commerce, Industry and Energy. The rise followed an on-year export growth of 17.8 percent in April.

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