South Korea's customs agency has announced that it is on pace to post record export levels this year, with the country expected to break the $600bn mark for the first time. The figures were released as part of a report by the Korea Customs Service (KCS) showing exports rose 12.7 percent in July from a year earlier, compared with an increase of 11.1 percent last year.
South Korea's customs agency has announced that it is on pace to post record export levels this year, with the country expected to break the $600bn mark for the first time. Exports grew by 4.7% to $450.3bn between January and September, with the Korea Customs Service now stating it is confident the country will comfortably exceed the $573.7bn exported last year as exports exceed $500bn as of 29 October.