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Agriculture deficit hits record high in 2007
SEOUL, Feb. 4 (Yonhap) -- South Korea's agriculture deficit reached a record high last year fueled by a sharp rise in global grain and feed prices, a state-run corporation said Monday.
The country's agricultural trade deficit reached US$10.92 billion last year, up from $8.68 billion in 2006, the state-run Agro-Fisheries Trade Corp. said. Exports gained 10.2 percent to $2.40 billion, while imports jumped 22.6 percent to $13.32 billion.
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