South Korea’s early exports data showed that shipments overseas have held up so far in August despite sweeping US tariffs that continue to weigh on global commerce.
The value of shipments increased 7.6% from a year earlier in the first 20 days of August, according to data released Thursday by the customs office. That compared with a 5.8% increase in the full month of July. Imports edged up 0.4%, resulting in a trade surplus of $833 million. Working-day adjusted exports also climbed 7.6% for the first 20 days of the month.
www.bloomberg.com
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