south korea export growth accelerates
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

South Korea export growth accelerates

Arab Today, arab today

Arab Today, arab today South Korea export growth accelerates

Seoul - AFP

South Korea's exports rose 7.7 percent in August from a year ago, helped by robust shipments of cars and technology products, official data released on Sunday showed. Exports from Asia's fourth-largest economy increased to $46.37 billion, Seoul's trade ministry said. In July, exports grew 2.6 percent. Imports gained 0.8 percent on-year to reach $41.45 billion, resulting in a trade surplus of $4.9 billion in August compared to a $2.5 billion surplus in July and $1.9 billion a year earlier. Overseas shipments of the country's key export items, such as cars and mobile devices, surged 43.9 percent and 25.9 percent respectively year-on-year. Exports of ships and home appliances soared about 26 percent each. "New smartphones by South Korean firms, including Samsung's Galaxy S4 and LG's G2 helped boost exports of mobile devices," the ministry said in a statement. Strong sales of mobile devices also helped bolster overseas shipments of memory chips, which posted 22.1 percent on-year growth. Seoul in June raised its growth outlook for this year from 2.3 percent to 2.7 percent, citing the impact of stimulus measures taken earlier this year and signs of recovery in global demand. The country's economy expanded 2 percent in 2012 -- the slowest in three years.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south korea export growth accelerates south korea export growth accelerates

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

south korea export growth accelerates south korea export growth accelerates

 



GMT 15:28 2017 Tuesday ,17 October

Tunisia economic growth picks up in first quarter

GMT 22:57 2017 Saturday ,23 December

Saif bin Zayed attends wedding ceremony in Al Ain

GMT 14:01 2013 Saturday ,20 April

Iran sees no need for OPEC emergency prices meeting

GMT 08:58 2017 Wednesday ,05 April

North Korea fires missile into Sea of Japan

GMT 07:17 2016 Friday ,15 January

'Harry Potter' star Alan Rickman dies aged 69

GMT 14:43 2015 Saturday ,26 December

Nazaha head arrives in Cairo
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday