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<Econ> S Korea Apr Current Account Surplus USD28.29B, Second Highest on Record
Preliminary data from the Bank of Korea showed that supported by sustained strength in semiconductor exports, S Korea recorded a current account surplus of USD28.29 billion in Apri...
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<Econ> S Korea Apr Current Account Surplus USD28.29B, Second Highest on Record
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Preliminary data from the Bank of Korea showed that supported by sustained strength in semiconductor exports, S Korea recorded a current account surplus of USD28.29 billion in April this year, marking the second-highest monthly level on record. The country has now posted a surplus for 36 consecutive months, the second-longest streak since 2000.

During the period, the goods trade surplus amounted to USD33.88 billion. Exports rose 54.56% YoY to USD90.59 billion, while imports increased 16.1% YoY to USD56.7 billion.

Cumulatively for the first four months of this year, S Korea's current account surplus reached USD102.67 billion, nearly 3.3x higher than the USD24 billion recorded in the same period last year. (su/da)

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