S. Korean Exports Drop Further In July

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South Korea's exports declined 20.1% in July from a year earlier, following a revised 12.4% drop in June, a report from the Ministry of Knowledge Economy showed Saturday. Meanwhile, imports were down 35.8%.

Exports totaled US$32.7 billion and imports stood at US$27.6 billion, resulting in a trade surplus of US$5.14 billion in July.

South Korea's exports declined 20.1% in July from a year earlier, following a revised 12.4% drop in June, a report from the Ministry of Knowledge Economy showed Saturday. (Market News Provided by RTTNews)