South Korea Has $4.99 Billion Trade Surplus

(RTTNews) - South Korea posted a merchandise trade surplus of $4.99 billion in March, Statistics Korea said on Tuesday.

That was shy of expectations for a surplus of $6.10 billion but still up from $4.15 billion in February.

Exports were up 3.1 percent on year, missing forecasts for an increase of 3.5 percent but up from 0.7 percent in the previous month.

Imports were up an annual 2.3 percent - matching forecasts and accelerating from 0.2 percent a month earlier.