59695
S. Korea Posts Trade Surplus
S. Korea Posts Trade Surplus
  1. World Economy

S. Korea Posts Trade Surplus

  1. World Economy

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 ...

ITC Warns Against Trump Protectionism
Economic protectionism will create a “snowball effect” which...
Italy must reform its banking system if it is to continue on a weak path to recovery and it should be prepared to force holders of Italian bank debt to lose money rather than using public funds to bail them out.
Economic growth in developed countries slowed sharply in 2016,...
Asia Markets Make Modest Gains
Markets in Asia finished mostly higher on Monday, with investors...
Saudi Arabia was the second largest importer of weapons in the world (up 212%), behind India, which unlike China, does not have a production at national level yet. Qatar’s imports were also up 245%.
Worldwide arms trade has risen to its highest level since the...
Fitch Voices Concern About Finnish Household Debt
Fitch Ratings has called attention to the mounting debt burden...
Japan Largest Holder of US  Gov’t Securities
India became the 12th largest holder of US government securities...
Firms will get help to scale up and invest overseas to tap  into the growing markets.
Singapore presented a bigger budget for the coming year,...
Dutch CCI Hits 9-Year High
The Dutch consumer confidence index hit a 9.5 year high in...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus