The ministry said that the previous record was set a year ago at $644.4 billion.
And increased imports By 18.9 percent year on year to $ 731.2 billion last year, which led to trade deficit amounted to 47.2 billion dollars.
According to the department, the deficit is more than double the previous record deficit of $20.62 billion in 1996, the largest ever since 1956.
For the month of December, monthly exports decreased 9.5 percent year-on-year to $54.99 billion.
Imports grew 2.4 percent year-on-year last month to $59.68 billion, and the monthly trade deficit was $4.69 billion.
Imports exceed exports South Korea Since April, the first time since 1997 that the country has run a trade deficit for 9 consecutive months.
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And reached Export The country earned $683.9 billion last year, marking the largest annual number since 1956, when the country began compiling trade-related data, according to data compiled by South Korea’s Ministry of Industry.
The ministry said that the previous record was set a year ago at $644.4 billion.
And increased imports By 18.9 percent year on year to $ 731.2 billion last year, which led to trade deficit amounted to 47.2 billion dollars.
According to the department, the deficit is more than double the previous record deficit of $20.62 billion in 1996, the largest ever since 1956.
For the month of December, monthly exports decreased 9.5 percent year-on-year to $54.99 billion.
Imports grew 2.4 percent year-on-year last month to $59.68 billion, and the monthly trade deficit was $4.69 billion.
Imports exceed exports South Korea Since April, the first time since 1997 that the country has run a trade deficit for 9 consecutive months.
