SEOUL, Jun 29 (XINHUA\/APP): South Korea’s import value logged a double-digit growth last month due to expensive crude oil, central bank data showed Wednesday.<\/p>\n
The import value index stood at 176.50 in May, up 32.0 percent from a year earlier, according to the Bank of Korea (BOK).<\/p>\n
The index continued to rise for the 18th consecutive month, after gaining 19.3 percent in April.<\/p>\n
In terms of value, mining products import surged 75.7 percent in May from a year ago on higher commodity prices.<\/p>\n
Import value for coal and oil products advanced 40.6 percent, and those for chemical and primary metal products soared 37.1 percent and 42.1 percent respectively.<\/p>\n
The import volume index came in at 128.08 in May, up 6.2 percent from the same month of last year.<\/p>\n
Import volume for coal and oil products shrank 12.9 percent, but those for computer, electronic and optical devices, and textile and chemical products soared more than 20 percent last month.<\/p>\n
The export value index increased 19.9 percent over the year to 146.81 in May, while the export volume index added 7.9 percent to 124.86.<\/p>\n","protected":false},"excerpt":{"rendered":"
SEOUL, Jun 29 (XINHUA\/APP): South Korea’s import value logged a double-digit growth last month due to expensive crude oil, central bank data showed Wednesday. The import value index stood at 176.50 in May, up 32.0 percent from a year earlier, according to the Bank of […]<\/p>\n
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