Archive · 6 Aug 2026
South Korea posts record current account surplus on chip exports
South Korea is like a store that sells lots of things to other countries.
In June, the store made more money than it spent, and the amount left over was the biggest ever recorded.
This 'extra money' is called a current account surplus.
The main reason is computer chips, which are tiny parts used in phones and computers.
Chip shipments grew almost 200 percent compared to the same time last year.
South Korea also sold more computers and other electronics to other countries.
The country has been making extra money for 38 months in a row.
The first half of the year brought in a record amount of extra money, even more than experts expected.
Fewer Koreans travelled overseas because flying got more expensive, and more foreign tourists visited, which helped too.
South Korea's current account surplus hit a record $49.73 billion in June, up from the previous record of $38.61 billion in May.
The surplus was driven by strong semiconductor exports, with chip shipments surging 196.9 percent year-on-year.
Goods exports rose 84.5 percent to $112.37 billion, surpassing $100 billion for the first time.
The first-half cumulative surplus totalled a record $191.01 billion, far exceeding the Bank of Korea's projection of $151.5 billion.
South Korea has now posted a current account surplus for 38 consecutive months since May 2023.
- Who
- The Bank of Korea (BOK), which released the data as reported by Yonhap news agency
- What
- South Korea posted a record $49.73 billion current account surplus in June, driven by chip exports
- When
- June, with the data released on Thursday
- Where
- South Korea
- Why
- Strong semiconductor and IT exports, with chip shipments rising 196.9 percent year-on-year and IT product exports up 160.4 percent
- Current account surplus (June)
- $49.73 billion (record)
- Previous record (May)
- $38.61 billion
- Chip exports growth
- 196.9% year-on-year
- Goods exports (June)
- $112.37 billion (+84.5%)
- First-half cumulative surplus
- $191.01 billion
- BOK half-year projection
- $151.5 billion
- Consecutive months of surplus
- 38 months
- 2025 annual surplus
- $123.05 billion (record)