SEOUL, June 25 (Xinhua) -- South Korea's export volume kept rising for nine straight months on the global demand recovery from the COVID-19 pandemic shock, central bank data showed Friday.
The export volume index stood at 115.78 in May, up 22.9 percent from a year ago, according to the Bank of Korea (BOK).
The index continued to increase for nine months since September last year as the global demand for locally-made products recovered from the pandemic shock.
In terms of volume, export for coal and oil products more than doubled last month as the vaccination campaign in major economies raised the movement of people and goods.
Export volume for transport equipment more than doubled in May from a year earlier, and those for primary metal, chemical and textile products went up in double figures.
The export value index surged 49.1 percent over the year to 122.50 in May, marking the fastest increase in over 11 years since January 2010.
It kept an upward trend for seven straight months on higher export price for locally-made products.
The import volume index rose 9.8 percent in May on a yearly basis, continuing to gain for nine months. The import value index spiked 39.2 percent, logging the highest in 11 years since May 2010. Enditem
