Korean Exports Surge by 46% Hits Monthly Record

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Korea’s exports hit a monthly record in May, gaining 46%, strongest in 32 years says an article on Pulse.

Record Gain

South Korean exports surged by the raging pace of 46 percent in May, a double-digit monthly gain unseen since August 1988, as mainstay chips, automobiles and petrochemicals rode on faster-than-expected recovery in the global economy amid vaccination progress.

According to data released by the Ministry of Trade, Industry, and Energy on Tuesday, the country’s outbound shipments...

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