FX.co ★ South Korea Posts Current Account Surplus for 12th Straight Month

In April 2025, South Korea achieved a current account surplus of $5.7 billion, marking a year of continuous surpluses, despite this being the smallest in the past three months. The goods account contributed significantly with a surplus of $8.99 billion, as exports increased by 1.9% from the previous year to total $58.57 billion, contrasting with a 5.1% decline in imports, which stood at $49.58 billion. However, the services account experienced a $2.83 billion deficit, impacted by deficits in travel, other business services, and intellectual property usage. The primary income account also recorded a deficit of $190 million, attributed to decreased equity income, and the secondary income account ended with a $260 million deficit.