S. Korea Logs Record High Exports, Largest Ever Trade Deficit in 2022
SEOUL, Jan. 1 (Korea Bizwire) — South Korea’s exports rose 6.1 percent in 2022 from a year earlier to reach an all-time high, but it suffered the largest ever trade deficit on high global energy prices, the industry ministry said Sunday. The country is forecast to see a 4.5 percent fall in exports in 2023 [...]