Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 975 Mon. February 26, 2007  
   
Business


ROK-Russia '06 trade hits record high


Trade between South Korea and Russia hit a record high of 9.75 billion dollars last year, the official Korea Trade and Investment Promotion Agency said Sunday.

South Korea's exports to Russia increased 34 percent year-on-year to be worth 5.18 billion dollars last year, while its imports rose 16 percent to 4.57 billion dollars, the agency said.

Last year marked South Korea's first trade surplus in eight years in the bilateral trading which has grown more than 50 times since 1992, it added.

South Korea exports cars, synthetic resins, steel and auto parts, and imports aluminum, crude oil, naphtha and nickel bullion in trade with Russia.