First trade surplus in 16 months
Korea's trade balance swung to a surplus in June after being in the red for 15 straight months. According to data released by the Ministry of Trade, Industry and Energy, Saturday, Korea's outbound shipments stood at $54.2 billion in June, down 6.0 percent from a year earlier. Imports decreased 11.7 percent to $53.11 billion.
Korea's trade balance swung to a surplus in June after being in the red for 15 straight months. According to data released by the Ministry of Trade, Industry and Energy, Saturday, Korea's outbound shipments stood at $54.2 billion in June, down 6.0 percent from a year earlier. Imports decreased 11.7 percent to $53.11 billion.
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