Browsing: trade surplus

Exports to China increased 119.3% year-on-year to $24.1 billion, driven by high-volume shipments of memory chips and industrial machinery. The United States saw an 89.3% rise to $16.5 billion, bolstered by robust demand for enterprise computing hardware and advanced semiconductors. Korean exporters maintained growth across seven of the nation’s nine primary regional markets during August.

In June, South Korea achieved a historic $49.73 billion current account surplus, driven primarily by a significant boost in semiconductor exports. The Bank of Korea reported that this figure surpassed the previous monthly record of $38.61 billion set in May. Notably, June marked the first month where the surplus exceeded $40 billion. The substantial increase was largely attributed to robust goods exports, as technology shipments expanded at a much faster pace than imports.

South Korea’s exports reached a record US$102.25 billion in June, led by semiconductors and a US$36.15 billion trade surplus for Korea.

South Korea ICT exports climbed to $42.7 billion in April as semiconductor demand drove a record annual gain and a wider trade surplus.

Japan posted a $24.8 billion current account surplus in February as overseas income stayed strong, offsetting weaker trade momentum and a continued services shortfall.

South Korea posted a record $23.19 billion current account surplus in February as chip and tech exports drove the country’s biggest monthly balance.

The UAE entered the world’s top 10 goods exporters in 2025 after merchandise exports reached $707 billion and total trade rose to $1.637 trillion.

South Korea exports hit a record $86.1 billion in March, the first time monthly shipments topped $80 billion, driven by surging semiconductor demand.

Japan posted a 322.3 billion yen trade surplus in November, its first in five months, driven by higher exports of semiconductors, vehicles, and pharmaceuticals.

Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance, Finance Ministry data shows.