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SOUTH KOREA ENJOYS US$10.8 BLN OF TRADE SURPLUS IN 2002.
SEOUL, Jan 2 Asia Pulse - Korea posted a trade surplus of US$10.8 billion in 2002 by exporting US$162.82 billion worth of goods, up 8.2 per cent from a year ago, and importing US$152.02 billion worth, up 7.7 per cent, the Ministry of Commerce, Industry and Energy said in a provisional tally on a customs clearance basis.
The black figure fell short of an earlier expectation of US$11 billion, but attained a goal of US$10 billion. In December alone, the nation's exports and imports posted US$15-17 billion, up 27.3 per cent year-on-year, and US$14.46 billion, up 28 per cent.
In particular, the import figure was a new monthly record, breaking the previous record high of US$14.21 billion in March 2000. Major export items were semiconductors, automobiles, wireless communications equipment and computers.
Semiconductors posted US$16.6 billion for all of last year, up 16.4 per cent; automobiles US$14.8 billion, up 11.1 per cent; ...
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...grow 2.0 per cent. -- Processing...driving up foreign trade surplus Processing trade...while 81 per cent of the processing trade surplus came from foreign...up 63.3 per cent of China's total foreign trade surplus. At present...
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...2007, up 42.8 per cent. 2) The trade surplus between China and the...billion, up 18.9 per cent. This means that the trade surplus will witness an increase...billion, up about 20 per cent, leading to a trade surplus of about US$66...