Inter-Korean trade sees second monthly increase

According to Yonhap:

Trade between South and North Korea grew for the second consecutive month in October amid improving global economic conditions and eased cross-border tensions, customs data showed Tuesday.

According to the data provided by the Korea Customs Service, inter-Korean trade totaled US$172.6 million last month, up 5.9 percent from the same month a year ago.

Shipments to the North totaled $71.9 million in October, while those from the communist country came to a monthly record $100.7 million, the data showed.

This marked the second straight month of expansion since September when trade turned positive after declining for the previous 12 months.

See the September trade increase story here.

See analysis of the previous year here.

Read the full article below:
Inter-Korean trade grows for 2nd straight month in Oct.
Yonhap
11/17/2009

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One Response to “Inter-Korean trade sees second monthly increase”

  1. […] “Economic relations,” however, seem to have turned the corner recently.  Despite several months of decline, inter-Korean trade has increased in the past two months. […]