Published on: 2025/08/07 12:37
South Korea posted a current account surplus of 14-point-2-7 billion U.S. dollars in June, the largest monthly surplus ever.
According to the Bank of Korea on Thursday, the figure was driven by strong exports of chips and a sharp rise in dividend income.
Shipments of IT products, including semiconductors, jumped over 11 percent, while pharmaceutical exports soared more than 50 percent.
However steel and automobile exports saw a slip with early impact from U.S. tariffs.
Regionally, exports to the U.S. and China declined, while the EU and Southeast Asia saw solid growth.
South Korea has now logged a surplus in 26 consecutive months.
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