July Current Account Balance Continues 18-month Surplus Rally at $6.77 Bil.
July Current Account Balance Continues 18-month Surplus Rally at $6.77 Bil.
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.08.30 22:30
  • 댓글 0
이 기사를 공유합니다

SEOUL, KOREA- Korea's July 2013 current account balance continued a rally of surplus for 18 consecutive months. According to a report "July 2013 International Balance of Payments (Preliminary)" published by the Bank of Korea on August 29, last month's current account balance was a surplus of US$6.77 billion. As for the goods balance, it rose to $5.68 billion from the previous month's $5.02 billion.
 
During the month, Korean exporters sold a total of $45.84 billion of goods and services, up 2.6 percent from the same month in 2012. By industrial sector, shipbuilding, semiconductor, info-tech, and chemical industries saw their exports rise while display panels, steel products, and petrochemical products declined from a year ago. By export destination, exports to China, the United States, and the EU rose from the same month last year.
 
Imports have also increased 3.2 percent to $43.3 billion year on year. The items that led the increase were consumer goods, capital goods, and raw materials at 10.7, 4.4, and 1.3 percent respectively. The net outflow of direct investment shrank to $980 million from $1,380 million a year ago. As for portfolio investment, the balance turned to a black of $1.85 billion from a deficit of $5.29 billion a year ago, largely due to a rise in foreign net investment flow.
 

댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트