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(2)Is the government’s economic diagnosis of the worst trade deficit in Korea’s history?
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CNBC, a U.S. economic broadcaster, draws attention by focusing on Korea’s largest trade deficit in 2022.
CNBC said on the 31st of last month, “
South Korea posted a trade deficit of $47.5 billion in 2022, the worst trade deficit since the National Statistical Office began compiling data in 1956, according to an article titled “Korea’s worst trade deficit ever.”
That’s what he introduced.
“In January, exports fell $46.3 billion, exceeding expectations for a 113 decline, while imports fell $59 billion, falling below expectations of a 36-decrease,” CNBC said, citing a graph by the Korea Trade Association.
“This resulted in a deficit of $12.7 billion in January,” he said. “This exceeds the economist’s expected deficit of $9.27 billion conducted by Reuters.”
In addition, the prefecture
Regarding the situation in South Korea, he said, “It is far above the trade deficit of $20.6 billion in 1996 just before the IMF crisis.”
I did
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