Korean auto exports rise over 8% in July

emirates7 - The Republic of Korea's automobile exports rose by more than 8 percent from a year earlier in July, government data showed on Tuesday.

The value of auto exports grew 8.8 percent year-on-year to US$5.83 billion last month, marking the second consecutive month of growth, figures from the Ministry of Trade, Industry and Energy revealed.

While export value had increased in June despite a in export volume, July recorded growth in both figures, according to Yonhap News Agency.

In July, the number of vehicles shipped overseas increased 5.8 percent year-on-year to 212,000 units.