S. Korea’s exports increase 8.5 pct during first 20 days of June

Exports rose 8.5 percent on-year in the first 20 days of June, data showed Friday. Outbound shipments reached US$35.75 billion in the June 1-20 period, compared with $32.94 billion tallied a year earlier, according to the data from the Korea Customs Service. Per-day exports also advanced 8.5 percent on-year to $2.47 billion. Exports, a key economic growth engine, rose 11.7 percent on-year to $58.1 billion in May on the back of strong shipments of semiconductors, extending on-year gains to the eighth straight month. Source: Yonhap News Agency