Tuesday, March 1, 2011

S.Korea posts $3.62b trade surplus in February

SEOUL - SOUTH KOREA posted a US$2.85 billion (S$3.62 billion) trade surplus in February, the 13th straight month that it has recorded a favourable balance, official figures showed on Tuesday.

The preliminary figures marked a slight decline from the revised US$2.92 billion surplus for January, the Ministry of Knowledge Economy said.

Exports in February rose 17.9 per cent from a year earlier to US$38.96 billion while imports increased 16.3 per cent to US$36.11 billion. -- AFP

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