S. Korea's exports fall 4.7 percent in Nov


(MENAFN) S. Korea's exports continued to fall in Nov because of low oil prices, whereas its trade surplus reached a record high as imports fell faster than exports.

Moreover; outbound deliveries reached USD 44.43bn last month, decreased 4.7 percent from the same month a year earlier.

Additionally, the fall in exports was credited to low international oil prices, which decreased the price of S. Korean products shipped overseas.

Accordingly, the regular price of the nation exports fell 4.5 percent on-year, while overall shipments, only edged down 0.2 percent.


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