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South Korea posted a merchandise trade surplus of $3.96 billion in January, Statistics Korea said on Monday.
That was roughly in line with expectations and down from the $6.94 billion surplus in December.
Exports were up 11.4 percent on year - exceeding expectations for an increase of 9.8 percent and slowing from 12.6 percent in the previous month.
Imports gained an annual 3.1 percent versus expectations for a 1.9 percent gained following the upwardly revised 2.2 percent increase a month earlier (originally 1.8 percent).
