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Added on the 01/07/2021 14:00:00 - Copyright : EFE Inglés
Seoul, Jun 1 (EFE/EPA).- South Korea recorded a trade surplus of $2.93 billion in May, a year-on-year increase of 654.5 percent that is contributing in cementing the recovery of the country's economy from the impact of the coronavirus pandemic.This is the 13th month that the country has recorded a trade surplus, according to the data released by the Ministry of Trade, Industry and Energy on Tuesday.Compared to May of last year when many countries around the world were under lockdowns, exports grew by 45.6 percent year-on-year to stand at $50.7 billion, driven mainly by the demand for chips, the ministry said. (Camera: ARCHIVE). ARCHIVE FOOTAGE OF THE CITY OF SEOUL AND THE MARKET IN SEOUL, SOUTH KOREA.
Seoul, Sep 1 (EFE/EPA).- South Korea recorded a trade surplus of $1.67 billion dollars in August, 54 percent less compared to the same month of 2020, the government reported Wednesday.August was the 16th consecutive month that Asia's fourth largest economy posted a trade surplus.South Korea's exports increased 35 percent in August to around $53.2 billion owing to strong demand for chips and automobiles, the Ministry of Trade, Industry and Energy said in a statement. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE CITY OF SEOUL, SOUTH KOREA.
Seoul, May 1 (EFE/EPA).- South Korea registered a trade surplus of $390 million in April, thanks to the boom in exports of chips and automobiles, the Seoul government reported Saturday.The data, the 12th consecutive month in the positive, contrasts with the deficit of $1.66 billion that the South Korean trade balance saw in April 2020.South Korean exports increased by 41.1 percent in April compared to a year earlier, representing the largest increase in the last decade, and reaching $51.1 billion, according to the preliminary estimate published today by the Ministry of Trade, Industry and Energy. (Camera: ARCHIVE).B-ROLL OF SEOUL, SOUTH KOREA.
Tokyo, Jul 21 (EFE/EPA).- Japan posted a trade surplus of 383.18 billion yen ($3.49 billion) in June, the government announced on Wednesday.The surplus contrasts with the trade deficit of 290.95 billion yen recorded in the same month of the previous year and the deficit of 189.36 billion yen posted in May, according to data released by the finance ministry.ARCHIVE FOOTAGE OF THE STREETS OF TOKYO, JAPAN.
Seoul, Jul 7 (EFE/EPA).-South Korean tech giant Samsung Electronics announced Wednesday that it expects an operating profit of about 12.5 trillion Korean won (around $10.99 billion) in the second quarter, a year-on-year increase of 53.4 percent, driven by a good performance by its chips division.This would also be 33.3 percent more than the operating profit that the South Korean tech giant posted between January and March of this year.In its earnings guidance report, the company, which is headquartered in Suwon, forecast that consolidated sales for the April-June period will be about 63 trillion Korean won. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF SAMSUNG STORES IN SEOUL, SOUTH KOREA.
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