2025.09.0323:19:47UTC+00S. Korea Posts Current Account Surplus on Strong Exports

In July 2025, South Korea achieved a current account surplus of $10.78 billion, marking the largest surplus for July to date. This performance was bolstered by strong export activity and increased returns from equity investments. Although this reflects the 15th consecutive month of surplus, it slightly trails behind June's record high of $14.27 billion. The goods account reported a surplus of $10.27 billion, driven by a 2.3% rise in exports to $59.78 billion, while imports decreased by 0.9% to $49.51 billion. However, the services account experienced a deficit of $2.14 billion, primarily due to deficits in travel and business services. Additionally, the primary income account recorded a surplus of $2.95 billion, predominantly due to equity income gains, whereas the secondary income account faced a deficit of $0.29 billion.