Trade Resources Industry Trends Korea's Trade Balance Showed a US$4.92 Billion Surplus in August

Korea's Trade Balance Showed a US$4.92 Billion Surplus in August

Korea's trade balance showed a US$4.92 billion surplus in August, according to data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy (MOTIE). In August, Korea's export values increased by 7.7% year on year to US$46.37 billion while the country's import values fell by 0.8% year on year to US$41.45 billion. Korea's export values of basic steel totaled US$2.71 billion in August, decreasing by 5.9% year on year.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66152&division=A6
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Korea's Steel Export Values Fall by 5.9% Y-O-Y in August
Topics: Construction