A report shows South Korea's trade surplus with the U.S. shrank this year due to a surge in U.S. imports by Asia's fourth-largest economy.<br /> A report by the U.S. Census Bureau released Sunday shows... Korea's trade surplus with the U.S. was down 24 percent during the January-to-July period... compared to the same period last year, amounting to 9-point-9-billion U.S. dollars.<br />In particular, Korea's U.S. imports related to the energy industry rose amid higher international oil prices and an increase in liquified natural gas generators.<br />Meanwhile, America's trade deficit with Korea shrank by more than 24 percent on-year to 3-point-2-billion dollars. <br />
