S. Korean Aug. Trade Surplus At US$1.5 Bln, Exports Up 14.4% Annually

Sep 3, 2007 - South Korean exports advanced 14.4% annually in August, a government report showed Monday. Economists were looking for an annual growth of 14.7%. Exports amounted to 31.2 billion dollars in August. Imports advanced 9.8% to 29.7 billion dollars, resulting in a trade surplus of 1.5 billion dollars.