July current account posts $10.78bn surplus

Sep 04, 2025, 09:19 am

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“Monthly current account balance” chart released by the Bank of Korea. / Source: Bank of Korea

The Bank of Korea said Thursday that the current account recorded a provisional surplus of $10.78 billion in July.

The goods account posted a $10.27 billion surplus as exports rose to $59.78 billion, up 2.3% from a year earlier, while imports fell 0.9% to $49.51 billion.

The services account logged a $2.14 billion deficit, led by travel and other business services, while the primary income account registered a $2.95 billion surplus on the back of dividend income.

On the financial account, net external assets increased by $11.08 billion. Direct investment expanded with Korean outward FDI up $3.41 billion and foreign direct investment into Korea up $1.72 billion.

In portfolio investment, Korean investors’ overseas holdings—centered on equities—grew by $10.1 billion, while foreign investors’ domestic holdings—centered on bonds—increased by $7.64 billion. Derivatives decreased by $240 million.

Other investment showed assets up $3.16 billion, mainly in cash and deposits, while liabilities fell $1.96 billion, mainly due to lower borrowing.

#July #current account #Bank of Korea