South Korea’s trade balance

South Korea’s exports slid to -0.1% in August, from a previous reading of 5.7% a year earlier, while analysts’ estimates were -0.8%. Imports recorded an actual reading of 3.1% in August, down from estimated 4.8%, while the previous reading recorded 5.8% a year earlier.

Trade balance inclined more than estimated in August to $3407 million, from estimated $2920 million, while the previous reading recorded $2520 million.