FX.co ★ South Korea Current Account Surplus Widens in November

South Korea experienced an expansion in its current account surplus, reaching $12.24 billion in November 2025, up from $6.81 billion in October. This growth was fueled by robust export activities. This achievement marked the 31st consecutive month of surplus and set a record for the largest November surplus to date. The goods account boasted a surplus of $13.31 billion, with exports seeing a 5.5% increase year-on-year, totaling $60.11 billion. In contrast, imports slightly decreased by 0.7% to $46.80 billion. The services account, however, faced a $2.73 billion deficit, primarily due to deficits in the travel and other business services sectors. On the other hand, the primary income account achieved a $1.83 billion surplus, bolstered by increased equity income, while the secondary income account showed a minor deficit of $0.18 billion.