| Actual | Previous | |
| Balance | $34.75B | $30.32B |
| Imports - Y/Y | 22.5% | 26.5% |
| Exports - Y/Y | 68.7% | 62.8% |
Highlights
South Korea's trade balance trade surplus widened from $30.32 billion in July to $34.75 billion in August, close to the record high of $36.15 billion recorded in June. Exports were again very strong, up 68.7 percent on the year after increasing 62.8 percent previously, largely reflecting ongoing demand for AI-hardware and semiconductors. Imports rose 22.5 percent on the year after a previous increase of 26.5 percent.
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