[Breaking] July Export Value Hits $55.44 Billion... Korea's Highest Ever in Trade History

[Asia Economy Reporter Kwon Haeyoung] In July of this year, our exports reached $55.4 billion, the highest figure in 65 years since trade statistics began to be compiled in 1956. Thanks to the strong performance of key items such as semiconductors, automobiles, and biohealth, exports increased by 29.6%, continuing a positive streak for nine consecutive months.

The Ministry of Trade, Industry and Energy announced on the 1st that last month's export amount was $55.44 billion, a 29.6% increase compared to the same month last year. This is not only the highest July performance on record but also the highest figure in 65 years since trade statistics were first compiled in 1956.