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Sunday, 21 March 2010 - S.Korea sees March trade surplus bigger than Feb
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    Read more with google mobile : S.Korea sees March trade surplus bigger than Feb

    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World S.Korea sees March trade surplus bigger than Feb Reuters - 2 hours 47 minutes ago Send IM Story Print SEOUL, March 21 - South Korea's March trade surplus is expected to exceed that of February, led by stronger overseas shipments of chips and cars, the customs agency said on Sunday, providing fresh evidence of a sustained recovery in the economy. Growth in exports to the United States during the first 20 days of March topped an annual increase for the whole of February, preliminary data showed. Overseas sales from South Korea between March 1 and March 20 rose 33.8 percent from a year earlier to $22.13 billion while imports during the 20 days gained 35.5 percent to $23.07 billion, the Korea Customs Service said in a statement. That produced a $941 million trade deficit, according to the data, which maybe subject to change later. "Given a trade deficit of some $2 billion during the first 20 days of February, a trade surplus in March is expected to be bigger than last month," the agency said. In the whole of February, the country posted a revised trade surplus of $2.08 billion. [ID:nSEW002183] Exports in the first 20 days of March to the U.S., South Korea's No.2 overseas market after China, grew 30.5 percent from a year ago, higher than the last month when shipments to the world's top economy grew at an 28-month high of 24.4 percent. Shipments to China in the 20 days gained 47.9 percent, faster than a 43.1 percent rise during the whole of February. But the growth is slower than a 67.6 percent jump in the first two months of the year to remove effects from the Lunar New year holidays. Recommend Send IM Story Print Related Articles China to begin trial of 4 Rio Tinto employees AP - 20 minutes ago India faces more rate hikes: analysts AFP - 43 minutes ago Japan's vice banking min:no need for extra budget now Reuters - 1 hour 7 minutes ago RPT-Dubai Nakheel woes may help Islamic finance in time Reuters - 1 hour 14 minutes ago RPT-Dubai deal seen raising funding costs for UAE firms Reuters - 1 hour 14 minutes ago News Search Top Stories Fish and chips celebrates 150 years as a British classic GM Daewoo recalls 58,000 vehicles in S.Korea: government British Airways strike bites but passengers fly Anti-war protesters take to streets, defy US indifference Top climate officials urge progress at Mexico summit More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended 'Red Shirts' take to streets to win over Thai capital Hollywood stars help prevent suicide after Twitter alert McLaren launches new supercar British boy receives pioneering stem cell surgery US tanker bid war heats up with Airbus, Russia in wings More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Experts confirm asteroid wiped out the dinosaurs 'Britain's Fritzl' raped daughters for over 25yrs Researchers back cancer-fighting properties of papaya Common weed-killer chemically castrates frogs: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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