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SEOUL : South Korea posted a trade surplus of 5.67 billion dollars in July, the sixth straight month of gains thanks to robust exports, officials said Sunday.
Exports, led by automobiles and semiconductors, rose 29.6 percent on-year to 41.35 billion dollars, while imports gained 28.9 percent to 35.68 billion dollars, the Ministry of Knowledge Economy said.
South Korea's trade surplus will increase further in the coming months, it said, citing healthy demand overseas.
The July figure is the latest in a series of strong economic data for Asia's fourth largest economy.
The economy expanded 7.2 percent in the second quarter from a year earlier and gained 7.6 percent year-on-year in the first half.
Central bank officials have said growth has recovered to pre-crisis levels and the local economy may have entered an expansionary phase.
- AFP /ls
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