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South Korea's exports surge in June 2021

  • Categories:NEWS
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  • Time of issue:2021-07-08 13:23
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(Summary description)    South Korea's exports in June were US $54.8 billion, up 39.7% year on year, the highest growth rate in the same month over the years.

South Korea's exports surge in June 2021

(Summary description)    South Korea's exports in June were US $54.8 billion, up 39.7% year on year, the highest growth rate in the same month over the years.

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2021-07-08 13:23
  • Views:
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       South Korea's exports in June were US $54.8 billion, up 39.7% year on year, the highest growth rate in the same month over the years.

 

      Since then, South Korea's exports have maintained a growth trend for eight consecutive months, and exceeded $50 billion for four consecutive months. In June this year, the import volume of South Korea was US $50.36 billion, an increase of 40.7% year on year; Finally, in June this year, South Korea achieved a trade surplus of 4.44 billion US dollars, which is the country's trade surplus for 14 consecutive months.

 

      In the first half of 2021, South Korea's exports increased by 26.1% and 24% respectively. The momentum of export recovery is faster and stronger than any previous global economic crisis, which shows that the world economy has recovered significantly and the export competitiveness of Korean products has improved, which is a good sign of the global economy. This week, the world bank raised global GDP growth to 5.6%.

 

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