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Tag Archives: declines for 9 months on cheaper oil

Imports, exports of S.Korea declines for 9 months on cheaper oil

SEOUL:  Both exports and imports of South Korea declined for nine straight months on the back of cheaper oil that reduced prices for export and import products, a government report showed Thursday. Exports, which account for about half of the economy, slipped 8. 3 percent from a year earlier to 43.51 billion U.S. dollars in September after tumbling 14.9 percent ... Read More »