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S. KOREA POSTS TRADE DEFICIT FOR 4TH STRAIGHT MONTH.

AsiaPulse News

| April 01, 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, April 1 Asia Pulse - South Korea posted a trade deficit for the fourth consecutive month in March due mainly to a surge in crude oil imports, a government report said Tuesday.

The country's trade deficit stood at US$670 million last month, narrowing from over $1.25 billion in February, the Ministry of Knowledge Economy said. In January, the trade shortfall reached $3.79 billion.

The latest tally showed exports rose 19.1 per cent on-year to $36.20 billion last month, while ...

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Source: HighBeam Research, S. KOREA POSTS TRADE DEFICIT FOR 4TH STRAIGHT MONTH.

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