Main News

Home > Main News > News

Nation Posts Trade Surplus for 6th Month

News2009-08-13
Nation Posts Trade Surplus for 6th Month

The nation posted a trade surplus for the sixth straight month in July due to imports declining more sharply than exports amid a global economic slowdown.

The Korea Customs Service said Thursday that the nation posted a trade surplus of four-point-four billion dollars last month, down two-point-eight billion dollars from the record total put up in June.

The nation's cumulative exports from January to July totaled 197 billion dollars, down 23 percent from a year ago.

Cumulative imports came to 172 billion dollars, down 35 percent, for a cumulative trade surplus of 25 billion dollars.

Latest News