Publication Date:
Tue, 2010-09-07 15:00
Imports for the month rose 28 percent from a year earlier to $22 billion, the Finance Ministry said Tuesday.
Officials have predicted weaker export growth in the months ahead because of slowdowns in the US and other major economies.
For the first eight months of this year, exports totaled $179 billion, a 44 percent increase from a year earlier, the ministry said.
Imports for the eight months rose 55 percent to $163 billion, with sharp increases in imported cars and other consumer goods as well as equipment for making semiconductors.
Exports to mainland China and Hong Kong rose 18 percent to $9.8 billion in August, amid warming political ties between the rivals and efforts to bring the two economies closer.
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