South Korea was ranked ninth among countries with trade surpluses with
the United States in the first half of the year, as Asia‘s fourth-
largest economy recorded strong on-year growth in shipments to the US
during the period, US government data showed.

According to the Department of Commerce, South Korea’s trade surplus
with the US during the January-June period amounted to $21.67 billion,
up 86.9 percent from a year ago.

The trade surplus grew as South Korean shipments to the US during the
period increased 25.9 percent, while its imports from the US went up
only 4.8 percent.

China ranked first in terms of trade surplus nations with the US,
followed by Mexico and Vietnam in second and third place, respectively.
(Yonhap)


By Nam Kyung-don (don@heraldcorp.com)