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The Korea Herald
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THE INVESTOR
March 28, 2024

Economy

South Korea sees exports increase 20.2 pct in Feb

  • PUBLISHED :March 01, 2017 - 10:37
  • UPDATED :March 01, 2017 - 16:23
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[THE INVESTOR] South Korea's exports jumped 20.2 percent last month from a year earlier at the fastest clip in five years on rising oil prices and recovering world trade, government data showed on March 1.

Outbound shipments came to US$43.2 billion in February, up from $35.9 billion tallied a year earlier, according to the Ministry of Trade, Industry and Energy.



It is the first time since February 2011 that the nation's exports have posted a double-digit growth for two months in a row.

Imports expanded 23.3 percent on-year to $36 billion in February.

Last month's trade surplus came to $7.2 billion, marking the 61st consecutive month of a surplus.

By HERO (theinvestor@heraldcorp.com)

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