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Korea's trade surplus with U.S. drops compared to last year

2018-10-01 3 Dailymotion

South Korea's trade surplus with the U.S. shrank this year due to a surge in U.S. imports.<br /> A report by the U.S. Census Bureau released Sunday shows... South 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 nine-point-nine-billion U.S. dollars.<br />In particular, South Korea's U.S. imports related to the energy industry rose amid higher international oil prices and an increase in liquefied natural gas generators.<br />America's trade deficit with South Korea shrank by more than 24 percent on-year to three-point-two-billion dollars. <br />

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