TABLE-South Korea July exports up 2.6 pct yr/yr
SEOUL, Aug 1 (Reuters) - Following are South Korea's preliminary export and import figures for July, released by the Ministry of Trade, Industry and Energy on Thursday (rounded):
JULY *JUNE Balance ($ billion) 2.7 6.0 Exports ($ billion) 45.8 46.7 (pct growth vs yr ago) +2.6 -1.0 Imports ($ billion) 43.1 40.7 (pct growth vs yr ago) +2.7 -3.0 * Revised figures released on July 14
NOTES: - Reuters poll: Exports were seen up 5.0 percent in July over a year earlier while imports were seen down 1.8 percent.
- July's rate of exports growth in annual terms was the strongest since 3.1 percent in May. - Imports grew in July for the first time in six months in annual terms. July also marked the first month since October 2012 in which the pace of imports growth was faster than that of exports growth. - The average export value per working day stood at $1.83 billion in July, compared with a revised $2.17 billion in June, Thomson Reuters calculations show. - China is South Korea's largest export market, taking about one-quarter of shipments, followed by the United States and the European Union. - By product, electronics goods account for just over one-fifth of the country's total exports, followed by automobiles and industrial machinery.
(Reporting by Se Young Lee; Editing by Choonsik Yoo)