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SEOUL Phil Jones Manchester United Jersey , July 1 (Xinhua) -- South Korea's trade surplus hit the record monthly high last month as imports dropped at a faster pace than exports, a government report showed Wednesday.

Trade surplus was 10.243 billion U.S. dollars in June, marking the highest in the country's history, according to the Ministry of Trade, Industry and Energy. The trade balance stayed in black for 41 months since February 2012.

Exports Paul Pogba Manchester United Jersey , which account for about half of the economy, fell 1.8 percent from a year earlier to 46.947 billion dollars in June. Imports tumbled 13.6 percent to 36.704 billion dollars.

Both exports and imports declined for six straight months, but sharper fall in imports than exports resulted in the record-high trade surplus.

The falling pace slowed compared with the previous month when exports and imports retreated 10.9 percent and 15.3 percent respectively.

Exports of telecommunication devices, such as smartphones, jumped 17.9 percent on the back of launches of new devices Nemanja Matic Manchester United Jersey , such as Samsung Electronics' Galaxy S6 Edge, and shipments of steels and autos climbed 7.6 percent and 6.5 percent each.

Reduction in exports of oil and petrochemical products slowed thanks to higher crude oil prices, but chip exports rose at a slower pace on low product prices, with shipments of ships and consumer electronics posting a double-digit decline.

Exports to the United States advanced 10.9 percent in May from a year ago, but those to Japan sank 12.7 percent on continued trend of the weak Japanese yen. Shipments to China and Vietnam rose 0.8 percent and 42.6 percent each.

Imports drop in May was attributable to raw material imports Michael Carrick Manchester United Jersey , which tumbled 32.4 percent last month. Imports of capital and consumer goods gained 8.3 percent and 5.8 percent respectively.

For the first six months of this year, trade surplus amounted to 46.7 billion dollars, much higher than a 19.9-billion-dollar surplus in the same period of last year.

Exports slid 5 percent from a year earlier to 269 billion dollars in the first half, and imports tumbled at a faster pace of 15.6 percent to 222.3 billion dollars.

During the first half of this year, imports declined at a faster clip than exports on cheaper oil. Dubai crude Matty Willock Manchester United Jersey , South Korea' s benchmark, averaged 56.3 dollars per barrel in the first half, down 46.5 percent from the same period of last year.

The ministry said that exports to China, South Korea's largest trading partner, showed a downward picture in the first half as the world's No.2 economy changed its growth strategy from exports- intensive to domestic demand-oriented.

South Korea's exports to Japan kept a downward trend in the first half as the Japanese yen depreciated against the U.S. dollar.

The ministry forecast that exports of cars and smartphones could be improved in the second half due to launches of new models Matteo Darmian Manchester United Jersey , but it cited negative factors such as the South Korean currency's appreciation against the dollar, slower exports to China and economic uncertainties in Europe.

There is no doubt in the fact that every one loves sports. The sport could range from Volley Ball to Tennis but every individual strains to be part of its extravaganza. Boxing is another sport that people love to watch. Boxing has come a long way. Moreover boxers have instilled a rejuvenating spirit amongst all of us by giving us legends like Mohammed Ali and Mate Parlov. These legends have become a part of our lives. And when creating history is the agenda, how do you suppose that vigorous and full of life Puerto Vallarta will stay behind?

There is a fresh convention center in Puerto Vallarta that will host the international boxing competition called the ?Consejo Mundial del Boxeo,' which will begin on the 18th of July this year, on Saturday. One of the highly skillful boxers of Mexico Marouane Fellaini Manchester United Jersey , Marco Antonio Barrera, who was lately present at a press conference which was represented by Zanfer Promociones stated that Puerto Vallarta would host an international world championship at their new convention center. Their envoy Marcelo Jeffrey, announced it himself that the championship will commence on July 18, 2009.

Want to know what the main event is going to be? Well, the chief event of Consejo Mundial del Boxeo is going to be a match between Mexico's Tomas Rojas and Ricardo Nu?ez (Panamian champion). Tomas Rojas wants to ultimately beat Ricardo Nu?ez.

This program will also be advertising six other fighting matches Marcus Rashford Manchester United Jersey , which will include a match between Marco Antonio Nazareth, popularly known as "El Texano," who is the native of Puerto Vallarta, against Omar Ch?vez, who is the eminent Julio Cesar Ch?vez?s son.

Another fighting match that would assuredly be highly interesting features Rodrigo Guerrero Marcos Rojo Manchester United Jersey , who is a boxer from Mexico City. Marco Barrera is of the belief that Rodrigo Guerrero shows not only great skill but also great promise. And it is precisely this fact that has earned him a spot in this great international competition. He will fight this match against Luis Maldonado who is a veteran boxer.

The representative of Zanfer Promociones, Marcelo Jeffrey also reports that the Consejo Mundial del Boxeo, championship which is going to be held in Puerto Vallarta, will also provide the entertainment of live music by a series of musical artists. This live performance will take place both at the beginning, and end of the boxing matches. This would make this event not only highly entertaining for the boxing fans Luke Shaw Manchester United Jersey , but also those who just generally want to have a good time. This event promises to be highly enjoyable and it shows that Puerto Vallarta is still the leading vacation destinations of Mexico. This event would also be televised nationally on TV Azteca, and in the US on Azteca America. Puerto Vallarta despite the odds is gaining fast on its feet after all the hype that was created about the Flu, so be a part of . Cheap Grizzlies Jerseys Cheap Clippers Jerseys Cheap Boston Celtics Jerseys Wholesale Cavaliers Jerseys Wholesale Bulls Jerseys Wholesale Milwaukee Bucks Jerseys Wholesale Oklahoma City Thunder Jerseys Wholesale Washington Wizards Jerseys Wholesale Golden State Warriors Jerseys Wholesale Phoenix Suns Jerseys

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