South Korea reports seven months of trade surplus, with November showing a $9.3 billion gain.

South Korea reported a current account surplus of $9.3 billion in November, marking seven consecutive months of surplus. Exports rose 1.2% to $57.1 billion, while imports fell 4.4% to $47.35 billion. Despite a services account deficit of $2.09 billion, the primary income account showed a surplus of $1.94 billion. The Bank of Korea expects a $90 billion surplus for 2024 and $80 billion for 2025.

3 months ago
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