SEOUL, Jan. 1 (Xinhua) — South Korea logged a trade deficit for the second successive year last year owing to weaker global demand, caused by higher interest rates in major economies, government data showed Monday.
The trade deficit amounted to 9.97 billion U.S. dollars in 2023 after recording 47.78 billion dollars in the previous year, according to the Ministry of Trade, Industry and Energy.
Export, whi
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