Financial News: South Kore May Current Account Surplus $38.61 Billion

South Kore May Current Account Surplus $38.61 Billion

07/07/2026 - 19:11:00 (RTTNews)

(RTTNews) - South Korea posted a current account surplus of $38.61 billion in May, the Bank of Korea said on Wednesday - up from $28.29 billion in April.

The goods account saw a $37.86 billion surplus as exports surged an annual 62.9 percent to $94.34 billion and imports jumped 22.2 percent to $56.48 billion.

The services account posted a $1.09 billion deficit owing to deficits in the other business services and the manufacturing services accounts.

The primary income account recorded a $2.17 billion surplus due to an increase in the income on equity, while the secondary income account saw a $0.33 billion deficit.

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