Tag - Inter-Korean trade hits record high in 2015

Inter-Korean trade hits record high in 2015

Trade between the two Koreas hit an all-time high in 2015 despite tension over Pyongyang’s nuclear weapons, a local trade association said Thursday. The volume reached $2.71 billion last year, up 15.8 percent from a year earlier, according to the data from the Korea International Trade Association. The figure was the largest ever on record. South Korea’s shipments to the North grew 11 percent on-year to $1.26 billion, while imports increased by 20.3 percent to $1.45 billion, the data showed. Inter-Korean trade [...]

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