日日爽I天天爽天天爽I日韩有码第一页I国产中文字幕在线观看I狠狠躁夜夜a产精品视频I在线免费av播放I麻豆免费视频I91成人免费

S. Korea's trade index hits 4-year low on expensive crude oil

Source: Xinhua| 2018-12-28 15:20:56|Editor: zh
Video PlayerClose

SEOUL, Dec. 28 (Xinhua) -- South Korea's trade index hit the lowest in over four years in November on expensive crude oil, central bank data showed Friday.

The net terms-of-trade index for goods stood at 90.49 in November, down 10.9 percent from a year earlier, according to Bank of Korea (BOK). It was the lowest since October 2014.

The index indicates the amount of import that can be bought with a unit-export proceeds.

The worsened trade index came amid the higher global crude oil price, which turned upward from December last year.

Dubai crude, South Korea's benchmark, soared 42.9 percent in October from a year earlier. The October crude oil price was reflected in the November terms of trade.

Export volume grew 2.9 percent in November from a year ago, while import volume rose 0.4 percent in the month.

In terms of value, export added 1.5 percent. The import value surged 11.2 percent on higher crude oil price.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001377047121