S.Korea trade surplus more than doubles in May


SEOUL, June 1 (Reuters) - A surge in exports, led by shipments to China, helped South Korea's May trade surplus more than double to $3.01 billion from a year ago, the commerce ministry said on Tuesday. Customs-cleared exports in the month rose 42.4 percent to a preliminary $20.90 billion from a year before, whereas imports grew by a slower 32.3 percent to $17.89 billion, the ministry said in a statement. In May 2003, the country posted a $1.15 billion surplus. Strong exports, led by ...

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