South Korea Hits $41.7 Billion Trade Surplus in 2010

Jan. 3, 2011
Exports rose to $467.5 billion

South Korea's 2010 trade surplus reached an all-time record $41.7 billion thanks to strong exports, a government report showed Jan. 1.

Exports rose 28.6% on-year to $467.4 billion, with imports moving up 31.8% to $425.7 billion, the Ministry of Knowledge Economy said.

The previous South Korea's trade surplus record was $41 billion set in 2009.

For December, exports jumped 23.1% on-year to $44.3 billion, with imports gaining 23.3% to $40.6 billion for a $3.7 billion surplus.

Copyright Agence France-Presse, 2011

About the Author

Agence France-Presse

Copyright Agence France-Presse, 2002-2024. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.

Sponsored Recommendations

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!