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S KOREA'S TRADE SURPLUS HITS US$320 MLN IN JANUARY.

AsiaPulse News

| February 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Feb 1 Asia Pulse - The trade surplus in South Korea reached an estimated US$320 million in January, up $750 million on the year before, according to the Commerce, Industry and Energy Ministry.

Exports increased 5 per cent in January from a year earlier to US$12.79 billion, while imports decreased 1 per cent to $12.47 billion, a ministry official said.

A rise in the trade surplus contributes to more exports of ships, telecommunications equipment and machinery and lower oil prices, he noted.

While the growth rate of exported ships and ...

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Source: HighBeam Research, S KOREA'S TRADE SURPLUS HITS US$320 MLN IN JANUARY.

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