Yonhap News AgencyFebruary 28, 2014 21:35
SEJONG, March 1 (Yonhap) -- South Korea's trade surplus shrank significantly from a year earlier last month as its imports grew at a faster rate than exports, the government said Saturday.
The country's overall outbound shipments rose 1.6 percent on-year to US$42.98 billion in February with its imports gaining 4 percent to $42.06 billion, according to the Ministry of Trade, Industry and Energy.
The country's trade surplus came to $926 million, down from $2 billion posted in the same month last year.
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