59695
S. Korea Posts Trade Surplus
S. Korea Posts Trade Surplus

S. Korea Posts Trade Surplus

S. Korea Posts Trade Surplus

South Korea’s economy posted trade surplus for 60 months through January thanks to a double-digit growth in exports, which account for about half of the economy, customs data showed Wednesday, Yonhap reported. Revised figure for trade surplus reached $2.8 billion in January, staying in the black since February 2012, according to Korea Customs Service. Exports increased 11.2% from a year earlier to $40.3 billion, while imports soared 19.7% to $37.5 billion. Overseas shipment in oil products and semiconductors surged 66.3% and 41.5% respectively, leading the January export expansion. Ship exports tumbled 17.9%.

 

Short URL : https://goo.gl/V1Enoe
  1. https://goo.gl/SjEE5h
  • https://goo.gl/iLbyd4
  • https://goo.gl/jCMLi7
  • https://goo.gl/TUuQZz
  • https://goo.gl/gjzSds

You can also read ...

MAS says growth will be uneven across industries.
The economy is tipped to grow by 2.7% this year despite uneven...
Factory activity rose to hit 57.3 this month from 56.8 in May. Robust manufacturing activity matches the performance in France and German this month, where growth also accelerated.
A closely watched survey shows that economic growth across the...
French Growth Revised
The French economy grew 0.5% in the first quarter from the...
Thailand expects 2017 export growth target of 5%.
Thailand’s customs-cleared exports rose for a third straight...
EU Extends Russia Sanctions
EU leaders on Thursday extended sanctions against Russia for...
China Overproduction Threatening US Aluminum Firms
Chinese overproduction is sending the US aluminum industry into...
India Forex Reserves Reach $382b
India’s forex reserves increased by $799 million, mainly on...
Cambodia Growth Expected  at 7%
Cambodia’s economic growth is expected at 7% in 2017, driven by...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus