FX.co ★ S. Korea Current Account Surplus Declines for 2nd Month

In August 2025, South Korea reported a current account surplus of $9.15 billion, continuing a two-month trend of decline as both exports and imports decreased, though equity income offered some relief. This surplus maintains a 16-month streak, albeit significantly lower than the record high of $14.27 billion achieved in June. The goods account registered a surplus of $9.40 billion, with exports decreasing by 1.8% year-on-year to $56.44 billion, and imports falling by 7.3% to $47.04 billion. The services account reflected a deficit of $2.12 billion, primarily due to deficits in travel and other business services. Conversely, the primary income account boasted a surplus of $2.07 billion, supported by robust equity earnings, while the secondary income account recorded a deficit of $0.19 billion.