Bank of Korea's export and import volume indexes rise up 2.9%, 0.4% y/y in Nov.
- 5 years ago
South Korea's export and import volume increased again in November,.... but terms of trade worsened for the 12th consecutive month.
The Bank of Korea says.... the export volume index for last month increased.... 2-point-nine percent on-year thanks to growing petrochemical goods and machinery goods exports.
However, the *pace of increase in machinery goods slowed on-month due to fewer chip exports.
The import volume index edged up four-tenths of a percent on-year.... on increased production of chemical goods.
But terms of trade dropped near 11 percent on-year last month.... as import prices increased by double digits while export prices declined.
The Bank of Korea says.... the export volume index for last month increased.... 2-point-nine percent on-year thanks to growing petrochemical goods and machinery goods exports.
However, the *pace of increase in machinery goods slowed on-month due to fewer chip exports.
The import volume index edged up four-tenths of a percent on-year.... on increased production of chemical goods.
But terms of trade dropped near 11 percent on-year last month.... as import prices increased by double digits while export prices declined.