The Bank of Korea reported a preliminary current account surplus of USD 42.08 billion for July 2026, down from USD 49.73 billion in June but up from USD 11.95 billion a year earlier. The goods account produced a USD 40.43 billion surplus as exports rose 65.3% year over year to USD 100.45 billion and imports increased 21.7% to USD 60.02 billion. The services account recorded a USD 1.97 billion deficit, mainly reflecting deficits in other business services and manufacturing services. The primary income account posted a USD 4.35 billion surplus, supported by higher equity income, while the secondary income account had a USD 0.73 billion deficit. In the financial account, net assets increased by USD 40.32 billion, led by a USD 27.56 billion increase in other investments, while reserve assets declined by USD 1.80 billion.
2026-09-04Bank of Korea
Bank of Korea reports USD 42.08 billion current account surplus for July 2026
The Bank of Korea reported a preliminary USD 42.08 billion current account surplus for July 2026, driven by a USD 40.43 billion goods surplus. Financial account net assets increased by USD 40.32 billion, led by other investments.