South Korea's export downturn slowed in June, with auto exports extending robust rises and semiconductors narrowing their decline, as the bellwether Asian economy posted its first trade surplus since early last year.
Shipments from Asia's fourth-largest economy, offering one of the earliest snapshots of monthly global trade, fell 6.0% in June from a year earlier to $54.24 billion in June, narrowing from a 15.2% drop in May, trade ministry data showed on Saturday.
Exports of semiconductors fell 28.0%, the smallest decline in eight months. Automobile exports rose 58.3%, extending gains to a 12th month, while ship exports jumped 98.6%.
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