Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 512 Wed. November 02, 2005  
   
Business


South Korean exports hit record high in October


South Korea's exports hit a record monthly high of more than 25 billion dollars in October thanks to strong overseas demand for cars, ships and machinery, government data showed Tuesday.

Customs-cleared exports rose 13.4 percent year-on-year to 25.71 billion dollars -- the first time the country's exports have topped 25 billion dollars in a single month, the commerce, industry and energy ministry said.

Imports rose 11.6 percent year-on-year to 22.78 billion dollars in October, the ministry said in a monthly trade report.