Exports up 14.5 pct during first 20 days of July

exports-July

오석민

| 2022-07-21 09:10:32

▲ This photo, taken on July 1, 2022, shows stacks of containers at a port in South Korea's southeastern city of Busan. (Yonhap)

exports-July

Exports up 14.5 pct during first 20 days of July

SEOUL, July 21 (Yonhap) -- South Korea's exports rose 14.5 percent in the first 20 days of July from a year earlier, but the country suffered a trade deficit on higher global energy costs, customs data showed Thursday.

The country's outbound shipments stood at US$37.25 billion in the July 1-20 period, compared with $32.52 billion a year earlier, according to the data from the Korea Customs Service.

Imports jumped 25.4 percent on-year to $45.35 billion during the cited period, resulting in a trade deficit of $8.12 billion.

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