South Korea’s exports rose 6.4% year-on-year in the first 10 days of November, while imports increased 8.2%, customs data showed Monday. The trade balance for the period stood at a provisional deficit of US $1.22 billion.
The figures suggest steady external demand momentum early in the month, with import growth outpacing exports slightly, leaving the short-term balance in negative territory.
This article was written by Eamonn Sheridan at investinglive.com.