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Korea's monthly exports up 62.8% in July on strong chip shipments

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By Yonhap
  • Published KST
Workers load semiconductors manufactured by Samsung Electronics and SK hynix onto a cargo aircraft bound for Hong Kong at the Korean Air Cargo Terminal at Incheon International Airport, Thursday. Joint Press Corps

Workers load semiconductors manufactured by Samsung Electronics and SK hynix onto a cargo aircraft bound for Hong Kong at the Korean Air Cargo Terminal at Incheon International Airport, Thursday. Joint Press Corps

Korea's monthly exports moved up nearly 63 percent in July from a year earlier amid solid chip shipments, data showed Saturday.

Outbound shipments came to $98.89 billion in July, according to the Ministry of Trade, Industry and Resources.

Imports rose 26.5 percent on-year to $68.56 billion, resulting in a trade surplus of $30.32 billion.