South Korea’s current account surplus widened to $12.24 billion in November 2025 from $6.81 billion in October, underpinned by strong export performance. The latest figure marked the 31st consecutive month of surplus and represented the largest November surplus on record. The goods account posted a $13.31 billion surplus, as exports rose 5.5% year-on-year to $60.11 billion, while imports edged down 0.7% to $46.80 billion. The services account registered a $2.73 billion deficit, driven mainly by shortfalls in the travel and other business services categories. Meanwhile, the primary income account recorded a $1.83 billion surplus, supported by higher equity income, while the secondary income account posted a modest $0.18 billion deficit.