Korea’s Steel Export Values Fall by 5.9% Y-O-Y in August

  • Friday, September 6, 2013
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  • Keywords:steel export Korea August
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Korea’s trade balance showed a US$4.92 billion surplus in August, according to data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy (MOTIE).
 
In August, Korea’s export values increased by 7.7% year on year to US$46.37 billion while the country’s import values fell by 0.8% year on year to US$41.45 billion.
 
Korea’s export values of basic steel totaled US$2.71 billion in August, decreasing by 5.9% year on year.
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