The Bank of Korea reported that the current account surplus reached $28.29 billion in April, the second-largest on record, driven by semiconductor exports.
The Bank of Korea said the current account surplus totaled $28.29 billion in April, down from the record $37.93 billion in March but up sharply from $4.51 billion a year earlier. The goods account posted a surplus of $33.88 billion, the second-largest ever. Exports rose 54.5 percent on-year to $90.59 billion while imports increased 16.1 percent to about $56.7 billion. IT product exports jumped 125.9 percent, with chip shipments surging 171.4 percent and computer peripherals rising 411.3 percent. The services account recorded a $2.42 billion deficit and the primary income account a $2.53 billion deficit. The 2025 annual surplus reached a record $123.05 billion. South Korea has posted a current account surplus every month since May 2023, for 36 straight months.
