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 (

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