South Korea exports jump 28.7% for first 10 days of May, trade deficit at US$3.72 billion

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SEOUL: South Korea\u0027s exports for the first 10 days of May jumped 28.7 per cent from the same period a year earlier, customs agency data showed on Wednesday (May 11). The country\u0027s imports grew at a faster pace of 34.7 per cent, bringing the trade balance to a US$3.72 billion deficit for the period.

SEOUL: South Korea's exports for the first 10 days of May jumped 28.7 per cent from the same period a year earlier, customs agency data showed on Wednesday .

The country's imports grew at a faster pace of 34.7 per cent, bringing the trade balance to a US$3.72 billion deficit for the period.Shipments to China expanded 9.6 per cent, while those to the United States and European Union increased 30.1 per cent and 27.1 per cent, respectively.

 

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