South Korea's exports likely to touch record high in 2021

Nov 22, 2021 AlShorts Web Desk

South Korea's exports are expected to touch an all-time high in 2021 on brisk overseas demand for key products amid the global economic recovery. The country's overseas shipments are projected to swell 24.1% from a year earlier to USD636.2 billion this year. Imports by Asia's fourth-largest economy are likely to amount to USD605.7 billion, up 29.5% from the previous year.