South Korea posts trade deficit for year to Feb 20


  • Business Premium
  • Tuesday, 21 Feb 2012

SEOUL, Feb 21 (Reuters) South Korea ran a trade deficit of $3.86 billion for the year to Feb. 20 as exports barely grew while imports jumped, customs data showed on Tuesday, hit by the euro zone crisis and rising raw materials prices.

Exports for the Jan. 1Feb. 20 period rose 4.2 percent over a year earlier to $70.52 billion while imports jumped 11.5 percent to $74.38 billion, according to data published on the Korea Customs Service website (http://www.customs.go.kr).

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

Govt decides to maintain electricity tariff from Feb 1, 2022 to Dec 31, 2024 Premium
Top Builders triggers PN17 criteria Premium
Sunway REIT net property income up 86.5% in Q6 FP2021 Premium
TNB gets nod for RP3; electricity tariff remains Premium
Inta Bina secures RM160.6mil construction contract Premium
Financial Sector Blueprint 2022-2026 initiatives complement current banking infrastructure Premium
Boustead, Boustead Plantations appoint new directors Premium
KLCC REIT returns to the black in 4Q Premium
SDP's report on forced labour allegation close to completion Premium
Bursa Malaysia ends broadly higher Premium

Others Also Read


Vouchers