Korea extends current account surplus in August amid solid exports
SEJONG — Korea posted a current account surplus in August, the central bank said Thursday, the second highest on record, on the back of the robust exports amid the global semiconductor upcycle. The current account surplus totaled $46.1 billion in August, up $4 billion from a month earlier, according to data by the Bank of Korea (BOK). Compared with the same month in 2025, the figure jumped $36.2…
Seoul reported a current account surplus of $46.1 billion in August, the Bank of Korea announced on Thursday, marking the second highest on record. This figure rose by $4 billion from the previous month and surged by $36.2 billion compared to the same period in 2025. It remained above the $40 billion threshold for the third consecutive month, following a record $49.73 billion in June.
The surplus surpassed $40 billion for three months in a row, with August standing at $42 billion. Year-to-date, the current account surplus amounted to $279.2 billion, nearly quadrupling from the same period a year earlier. Goods exports surged by 82.1% year-on-year to $104.8 billion, while imports increased by 23.8% to $57.99 billion. Semiconductor exports more than tripled, while petroleum products saw a 64.9% jump.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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