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SOUTH KOREA'S TRADE DEFICIT NARROWS IN FEBRUARY.

AsiaPulse News

| March 03, 2008 | COPYRIGHT 2008 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, March 3 Asia Pulse -- South Korea's trade deficit narrowed in February as strong export growth offset the surge in crude oil prices, a government report showed Monday.

The country's trade deficit stood at US$808 million last month, compared with US$3.69 billion the month before, according to the ministry of knowledge-based economy.

The figure marks the third month in a row that the country's trade balance has stayed in the red, despite a rise in exports.

Exports rose 20.2 per ...

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Source: HighBeam Research, SOUTH KOREA'S TRADE DEFICIT NARROWS IN FEBRUARY.

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