TABLE-S.Korea Aug exports rise 7.7 pct y/y, beat forecasts
SEOUL, Sept 1 (Reuters) - Following are South Korea's preliminary export and import figures for August, released by the Ministry of Trade, Industry and Energy on Sunday (rounded):
AUG *JULY Balance ($ billion) 4.9 2.7 Exports ($ billion) 46.4 45.8 (pct growth vs yr ago) +7.7 +2.6 Imports ($ billion) 41.4 43.1 (pct growth vs yr ago) +0.8 +2.7 * Revised figures released by Korea Customs Service on Aug. 14
NOTES: - Reuters poll: Exports were seen up 4.0 percent in August over a year earlier while imports were seen up 2.7 percent.
- August's annual exports growth was the strongest since 10.9 percent in January. - The average export value per working day stood at $1,97 billion in August, compared with a revised $1.83 billion in July, 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 Eric Meijer and Choonsik Yoo)