World NM: Exports grow for 10th month in August on solid sales of chips, autos001530

South Korea’s exports have extended their gains to 10 months, jumping 35 percent on the back of robust demand for chips and automobiles, and underpinning recovery momentum in Asia’s fourth-largest economy, data showed Wednesday.
Imports climbed 44 percent to $51.5 billion, resulting in a trade surplus of $1.67 billion.
The financial arm of Yonhap News Agency, the country’s August exports were expected to have risen 34.5 percent on-year.

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