South Korea posted a merchandise trade surplus of $2.85 billion in January, the Ministry of Knowledge Economy said on Tuesday. That was well above forecasts for a surplus of $1.673 billion following the $2.915 billion surplus in January.
Imports were up 16.3 percent on year to $36.11 billion versus forecasts for an increase of 17.2 percent on year following the 32.4 percent annual expansion in January.
Exports jumped 17.9 percent on year to $38.96 billion, exceeding expectations for a gain of 16.5 percent following the 45.4 percent surge in the previous month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.