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Inter-Korean trade grows for 2nd straight month in Oct.
SEOUL, Nov. 17 (Yonhap) -- Trade between South and North Korea grew for the second consecutive month in October amid improving global economic conditions and eased cross-border tensions, customs data showed Tuesday.
According to the data provided by the Korea Customs Service, inter-Korean trade totaled US$172.6 million last month, up 5.9 percent from the same month a year ago.
Shipments to the North totaled $71.9 million in October, while those from the communist country came to a monthly record $100.7 million, the data showed.
This marked the second straight month of expansion since September when trade turned positive after declining for the previous 12 months.
The increase is attributed to rebounding global economic conditions and relatively improved cross-border relations including reunions of families separated by the 1950-53 Korean War.
The two Koreas remain technically at war as the conflict ended in a truce, not a peace treaty.
Experts, however, predict that trade could suffer down the road due to heightened tensions in the wake of this month's naval skirmish along the disputed western sea border between the two countries.
kokobj@yna.co.kr
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