(MENAFN- Qatar News Agency ) South Korea logged a record-high trade surplus in 2013 thanks to strong export growth, customs data showed Tuesday.
South Korea logged a trade surplus of US$44 billion last yea
This also marked the fifth consecutive year that the country's trade surplus has topped $25 billion since 2009, according to the data by the Korea Customs Servic
Strong exports played a key role in driving the trade surplu
Exports hit a record high of $559.6 billion last year, up 2.1% from a year earlie
Imports inched down 0.8% on-year to $515.6 billion, the data showe
Exports of passenger vehicles and auto parts grew 4.5% and 6%, respectively, while those of semiconductors and telecommunications equipment rose 13.3% and 11%, according to South Korea's (Yonhap) News Agenc
By country, exports bound for China and the United States grew 8.6% and 6%, helping boost the country's trade surplus, according to the data
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