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S.Korea's Exports Forecast to Post Record High in 2022

Written: 2022-12-10 16:02:53Updated: 2022-12-10 16:05:49

S.Korea's Exports Forecast to Post Record High in 2022

Photo : KBS News

South Korea is expected to record-breaking exports in 2022. 

The Ministry of Trade, Industry and Energy announced that the accumulated exports for the year so far surpassed the previous record as of 7 a.m. Saturday, saying that South Korea would have another record-breaking year.

Seoul reported 644-point-four billion dollars in exports last year, larger than the all-time high record of 604-point-nine billion dollars posted in 2018.

Since the beginning of the year, the country's exports have increased by six-point-eight percent from the same period a year earlier.

The ministry forecasts the annual figure to exceed 680 billion dollars.

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