Seoul, Sept. 5 -- The Republic of Korea (RoK)'s exports to the Association of Southeast Asian Nations (ASEAN) reached a record 10.89 billion USD in August, up 11.9% from a year earlier, extending a three-month streak of growth, according to the Ministry of Trade, Industry and Energy.
Meanwhile, exports to the US tumbled 12% and shipments to China slipped 2.9% during the same period, reflecting the impact of US tariffs and raising concerns over a wider export slowdown. However, the surge in exports to ASEAN lifted the RoK's overall exports to a positive level. territory.
The RoK's export value to ASEAN, which traditionally ranked third after exports to China and the US, surpassed exports to the US for in July and August.
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