Reply #65: Trade surplus up as ships, petrol do well [View All]

http://joongangdaily.joins.com/article/view.asp?aid=2935578

Korea’s trade surplus surged to $5.82 billion in April, up sharply from $2.78 billion the previous month on the strength of record-high exports, a government report showed yesterday.

April marks the 15th straight month the country has posted a favorable balance. Exports rose 26.6 percent on-year to a monthly high of $49.77 billion last month, with imports rising 23.7 percent to $43.95 billion, according to the report by the Ministry of Knowledge Economy.

Outbound shipments surpassed the previous high of the $48.07 billion tallied in March, with the daily export average topping an all-time high of $2.12 billion during the month, exceeding the previous record of $2.03 billion set in February.