South Korea Current Account Balance: 13.26B (January) vs previous 18.7B

AI Briefing

• – South Korea's current account balance decreased to $13.26 billion in January, down from $18.7 billion in the previous month.
• – The decline is attributed to a significant decrease in exports and imports.
• – The country's trade deficit widened to $5.44 billion, a sharp increase from $1.2 billion in the previous month.