South Korea, Exports And Imports Are Up From A Year Ago, But Imports By Far More.
According To The Korea Customs Service, Exports In The First Ten Days Of January Amounted To Nearly 14 Billion U.S. Dollars.
That’s An Increase Of About 24-And-A-Half Percent From The Same Period A Year Earlier.
The Biggest Growth Was In Shipments Of Petroleum Goods, Automobiles And Precision Instruments.
Imports, Though, Were Up 57% To Nearly 19 Billion Dollars With The Biggest Increases Seen In Gas, Petroleum Goods, And Crude Oil, Which Have All Become More Expensive.
That Resulted In A Trade Deficit For The Period Of About 5 Billion Dollars, Compared To A Deficit A Year Earlier Of About 800 Million.
