S. Korea's exports, imports up in January


(MENAFN) Bank of Korea stated that both South Korea's exports and imports have climbed for 3 months in January due to high oil prices.

Additionally, the central bank said the export value index hit 107.61 in the previous month, up 12.8% compared with 2016.

However, exports value between the BOK data and customs office figures has changed as the BOK data ignores airplanes, ships, weapons as well as art works.

Exports value of oil products and coal jumped by 67.1%, with those for chemical products, precision machinery and primary metals marking a double-digit expansion.

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