Reported 3 months ago
South Korea experienced its fastest export growth in six months in July, with a 13.9% increase year-on-year, driven by robust semiconductor sales. However, this growth fell short of market expectations, raising concerns about China's economic recovery. While semiconductor exports soared by 50.4%, overall exports were tempered by a decline in automobile shipments. The trade balance showed a modest surplus of $3.62 billion for July.
Source: YAHOO