Arab Today, arab today south korea logs trade surplus for 39th month in april
Last Updated : GMT 16:38:17
Arab Today, arab today
Arab Today, arab today

South Korea logs trade surplus for 39Th month in April

Arab Today, arab today

Arab Today, arab today South Korea logs trade surplus for 39Th month in April

South Korea posted a trade surplus for the 39th month in a row in April
Seoul - QNA

South Korea posted a trade surplus for the 39th month in a row in April as imports dropped at a faster pace than exports, customs data carried by Yonhap News Agency showed Friday.

According to the data by the Korea Customs Service (KCS), the country's trade surplus reached US$8.5 billion last month, up marginally from $8.4 billion in March and significantly higher than $4.4 billion a year earlier.

Exports dropped 8 percent on-year to a little over $46.2 billion in April, while imports nosedived 17.8 percent to $37.7 billion, it said. In April 2014, exports hit $50.2 billion with imports topping $45.9 billion.

South Korea's trade account has been in the black since February 2012.

Last month exports of semiconductors rose 6.7 percent on-year, with shipments of wired telecommunication terminal products surging 42.8 percent.

Delivery of ships fell 10.2 percent while shipments of cars and petrochemicals were down 9.2 percent and 42.6 percent, respectively.

The KCS also said overseas demand for locally made auto parts, displays and wireless communication equipment all fell last month.

By country, exports to the Middle East moved up 1.3 percent on-year, but shipments to China, the country's largest trading partner, dropped 5.2 percent. Exports to the United States and the European Union fell 2.7 percent and 11.8 percent, respectively.

Imports of computer chips rose 4.9 percent in April from a year earlier, with numbers for information technology products moving up 15.9 percent.

Imports from Taiwan rose 7.1 percent, but those from China were down 3.4 percent. Local demand for products made in the EU, Japan, the U.S. and Australia all backtracked, with figures for Middle East countries plunging 38.5 percent vis-a-vis the year before, mainly due to a drop in crude oil prices.

In the first four months of 2015, the country's cumulative exports reached $179.7 billion, down 4.3 percent from a year earlier, while imports came to $149.5 billion, representing a 16.1 percent drop.

In the January-April period, the country's trade surplus stood at $30.2 billion as of end-April, much larger than $9.2 billion in the black posted for the same period in 2014, according to the data.

arabstoday
arabstoday

GMT 13:55 2017 Wednesday ,20 September

Humble bicycle back in vogue in Cuba

GMT 13:19 2017 Wednesday ,20 September

European equities waver before Fed decision

GMT 12:57 2017 Wednesday ,20 September

UK retail sales surge in August, raises interest rate

GMT 11:03 2017 Wednesday ,20 September

US CEOs optimistic on economy, tax reform: survey

GMT 07:12 2017 Wednesday ,20 September

NAFTA talks moving at 'warp speed,' US trade rep

GMT 07:04 2017 Wednesday ,20 September

Brazil’s economy needs your prayers

GMT 17:06 2017 Tuesday ,19 September

EU firms want 'concrete action' from China on access
Arab Today, arab today
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea logs trade surplus for 39th month in april Arab Today, arab today south korea logs trade surplus for 39th month in april

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea logs trade surplus for 39th month in april Arab Today, arab today south korea logs trade surplus for 39th month in april

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday