Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Contentious grain bill put directly to plenary meeting for vote

    Contentious grain bill put directly to plenary meeting for vote
  2. 2

    Yoon's approval rating plunges to all-time low

    Yoon's approval rating plunges to all-time low
  3. 3

    Will tug-of-war between doctors, government end soon?

    Will tug-of-war between doctors, government end soon?
  4. 4

    Climate impacts set to cut 2050 global GDP by nearly a fifth

    Climate impacts set to cut 2050 global GDP by nearly a fifth
  5. 5

    Trilateral talks acknowledge ‘serious’ slumps of won, yen

    Trilateral talks acknowledge ‘serious’ slumps of won, yen
  1. 6

    [Graphic News] More Koreans say they plan long-distance trips this year

    [Graphic News] More Koreans say they plan long-distance trips this year
  2. 7

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs

    [KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs
  3. 8

    North Korea removes streetlights along cross-border roads with South

    North Korea removes streetlights along cross-border roads with South
  4. 9

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official

    Russia's denial of entry of S. Korean national unrelated to bilateral ties: Seoul official
  5. 10

    Farming households dip below 1m for first time in 2023

    Farming households dip below 1m for first time in 2023
소아쌤

Seoul’s terms of trade improved in March

By Korea Herald

Published : April 25, 2016 - 17:04

    • Link copied

South Korea’s terms of trade continued to improve in March from a year earlier as export prices rose at a faster clip than import prices, central bank data showed Monday.

The terms of trade index for products came to 104.01 last month, up 0.5 percent from revised 103.49 the previous month, according to preliminary data from the Bank of Korea.

A view of Busan Port. (Yonhap) A view of Busan Port. (Yonhap)

The index measures the amount of imports a country can purchase for each unit of its exports. It is a gauge of a country’s export performance.

From a year earlier, the March reading marks a 5.1 percent increase, and it was also the third consecutive month the country posted an on-year gain in trade terms.

(khnews@heraldcorp.com)

More from Headlines