South Korea September Trade Surplus $49.85 Billion
(RTTNews) - South Korea posted a seasonally adjusted merchandise trade surplus of $49.85 billion in September, the Customs Office said on Thursday.
That beat expectations for a surplus of $38.20 billion and was up from $34.79 billion in August.
Exports surged 83.5 percent on year, topping forecasts for a spike of 61.7 percent and accelerating from 68.7 percent in the previous month.
Imports climbed an annual 26.0 percent versus expectations for a gain of 21.5 percent after rising 22.4 percent a month earlier.
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