Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
South Korean military plans to launch new division for future warfare
-
8
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
Teen smoking, drinking decline, while mental health, dietary habits worsen
South Korea’s trade surplus shrank from a year earlier last month as its exports dropped while imports grew at a steady pace, the government said Monday.
Outbound shipments came to $46.28 billion in August, down 0.1 percent from the same month last year, according to the Ministry of Trade, Industry and Energy. Imports gained 3.1 percent on-year to $42.87 billion.
The country’s trade surplus came to $3.41 billion, compared with $4.72 billion in August 2013.
“Overall exports decreased slightly from a year earlier due to a one-day cut in the number of working days, but the daily average amount of exports rose from $1.97 billion in August 2013 to $2.06 billion last month,” it said in a press release.
The fall in exports was also attributed to a large drop in shipments of automobiles and auto parts that together account for about 14 percent of the country’s overall exports. (Yonhap)
Outbound shipments came to $46.28 billion in August, down 0.1 percent from the same month last year, according to the Ministry of Trade, Industry and Energy. Imports gained 3.1 percent on-year to $42.87 billion.
The country’s trade surplus came to $3.41 billion, compared with $4.72 billion in August 2013.
“Overall exports decreased slightly from a year earlier due to a one-day cut in the number of working days, but the daily average amount of exports rose from $1.97 billion in August 2013 to $2.06 billion last month,” it said in a press release.
The fall in exports was also attributed to a large drop in shipments of automobiles and auto parts that together account for about 14 percent of the country’s overall exports. (Yonhap)
