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<Econ> S Korea Apr Current Account Surplus USD28.29B, Second Highest on Record
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Preliminary data from the Bank of Korea showed that supported by sustained strength in semiconductor exports, S Korea recorded a current account surplus of USD28.29 billion in April this year, marking the second-highest monthly level on record. The country has now posted a surplus for 36 consecutive months, the second-longest streak since 2000. During the period, the goods trade surplus amounted to USD33.88 billion. Exports rose 54.56% YoY to USD90.59 billion, while imports increased 16.1% YoY to USD56.7 billion. Cumulatively for the first four months of this year, S Korea's current account surplus reached USD102.67 billion, nearly 3.3x higher than the USD24 billion recorded in the same period last year. (su/da) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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