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Author Topic: South Korea's trade surplus in 2012  (Read 237 times)

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South Korea's trade surplus in 2012
« on: October 01, 2012, 11:58:37 AM »
by pna

South Korea's trade surplus widened from a year earlier last month as its imports shrank at a faster rate than exports, the government said Monday.

The country's trade surplus reached an estimated US$ 3.15 billion in September, compared with a $ 1.6 billion surplus the same month last year, according to the Ministry of Knowledge Economy.

The figure also marks a growth from $ 2.04 billion in August.

Exports dropped 1.8 percent on-year to an estimated $ 45.66 billion with imports shrinking at a faster rate of 6.1 percent from the same period last year to $ 42.51 billion.

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