S. Korea Posts Current Account Surplus on Strong Exports

South Korea recorded a current account surplus of $10.78 billion in July 2025, the highest for that month, supported by resilient exports and higher income from equity. It was the 15th consecutive month of surplus, though below June’s all-time peak of $14.27 billion. The goods account posted a $10.27 billion surplus as exports rose 2.3% from a year earlier to $59.78 billion, while imports slipped 0.9% to $49.51 billion. Meanwhile, the services account registered a $2.14 billion deficit, reflecting shortfalls in travel and business services. The primary income account booked a $2.95 billion surplus, led by gains in equity income, while the secondary income account showed a $0.29 billion deficit.