403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
S. Korea's exports down, trade surplus at new high in March
(MENAFN) A government report showed that South Korea's exports dropped for three straight months in March, but trade surplus hit a new monthly high, Xinhua reported.
Exports, which account for about half of the economy, declined 4.2 percent on-year to USD46.99 billion last months, according to the Ministry of Trade, industry and Energy.
Meanwhile, imports plunged 15.3 percent from a year earlier to USD38.6 billion in March, which helped trade surplus to reach a record high of USD8.39 billion in the month.
Excluding oil and petrochemical products, the March exports inched up 0.2 percent on an annual basis. In terms of volume, the March exports jumped 6.4 percent.
Exports, which account for about half of the economy, declined 4.2 percent on-year to USD46.99 billion last months, according to the Ministry of Trade, industry and Energy.
Meanwhile, imports plunged 15.3 percent from a year earlier to USD38.6 billion in March, which helped trade surplus to reach a record high of USD8.39 billion in the month.
Excluding oil and petrochemical products, the March exports inched up 0.2 percent on an annual basis. In terms of volume, the March exports jumped 6.4 percent.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment