South Korea's exports set a new record in 2014, government data showed Thursday.
Exports rose 2.4 percent annually to an all-time high of $573.1 billion. Imports increased 2 percent to $525.7 billion. The trade surplus was $47.41 billion.
The trade ministry forecast 3.7 percent export growth for 2015.
In December, exports grew 3.7 percent annually, while imports declined. The trade surplus was $5.78 billion.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.