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South Korea Posts Record-High Current Account Surplus in June
6 Aug
Summary
- South Korea's current account surplus hit a record high in June 2025
- Robust exports of semiconductors and computer devices drove the surplus
- The goods trade balance surplus was the largest since September 2017
According to data released by the Bank of Korea on August 7, 2025, South Korea posted a record-high current account surplus of $14.27 billion in June 2025. This figure represents a significant increase from the $10.14 billion surplus recorded in May 2025, and is the largest monthly surplus since the data series began in January 1980.
The surge in the current account surplus was primarily driven by robust exports of semiconductors and computer devices, which led to a goods trade balance surplus of $13.16 billion in June 2025, up from $10.66 billion the previous month. This was the largest goods trade surplus since September 2017, underscoring the strength of South Korea's export-oriented technology sector.
The strong performance of South Korea's current account and trade balance in June 2025 reflects the country's continued dominance in the global technology supply chain, particularly in the semiconductor and electronics industries. As the world's demand for advanced electronic devices and components remains high, South Korea's export-driven economy is poised to maintain its momentum in the coming months.
