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South Korea posts trade surplus

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IANS Seoul

South Korea posted a trade surplus for 25 straight months as exports managed to grow, though at a slow pace, a government report showed Saturday.

Trade surplus reached $926 million in February, up from $760 million surplus in the previous month, according to the ministry of trade, industry and energy.

Exports increased 1.6 percent from a year earlier to $42.99 billion in February after falling 0.2 percent in the previous month. Imports grew 4 percent to $42.06 billion last month after declining 1 percent in January, reported Xinhua.

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First Published: Mar 01 2014 | 10:04 AM IST

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