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South Korea's trade balance surplus widened

30 Nov, 2009 @ 07:31 pm ET | written by ecPulse.com


South Korea's trade balance surplus widened to $4100 million in November compared with $3631 million in October, as the nation's exports gained 18.8% in November from a year earlier following a decline by 8.5%, while forecasts referred to 22.8%. Exports recorded $34300 million during November versus $33957 million in October.

Moreover, South Korea's imports inclined 4.7% in November from a year ago compared with a previous decline by 16.0%, while it was expected to climb 8.6%. The nation's imports recorded $30200 million from $30326 million in October.

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