South Korea’s outbound shipments continued to shrink from a year earlier in June, although its trade surplus widened as imports dropped with greater speed, the government said Wednesday.
In June, the country’s overall exports came to $46.95 billion, down 1.8 percent from the same month last year, according to the Ministry of Trade, Industry and Energy.
June marked the sixth consecutive month the country has posted an on-year drop in its exports.
Imports plunged 13.6 percent on-year to $36.7 billion last month, with the country’s trade surplus coming to $10.25 billion. (Yonhap)