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Updated: MAR 01, 2013

Korea Posts Trade Surplus for 13th Consecutive Month

  Korea Posts Trade Surplus for 13th Consecutive Month

Korea's trade activity remained in the black for the 13th straight month in February, posting a surplus of more than 2 billion U.S. dollars.
The Ministry of Knowledge Economy says that outbound shipments from Korea totaled over 42 billion dollars last month, after an eight percent on-year decrease, largely due to the Lunar New Year holiday that fell in mid-February.
This, as average daily export volume jumped over two percent.
Inbound shipments also fell by more than 10 percent on-year to 40 billion dollars.
Analysts say it's too early to conclude that this latest trend reflects the effects of the weakening Japanese yen.


Reporter : yschoi@arirang.co.kr

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