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AI chip surge lifts South Korea to record surplus, behind only China

AI chip surge lifts South Korea to record surplus, behind only China
South China Morning Post Monday 26 October 2026, 08:39 UTC By Park Chan-kyong 1 min read
Key Points

South Korea earned US$116.63 billion more from the world than it spent in the second quarter of this year – exceeding the combined current account surpluses of Germany and Japan for the first time on record. The current account measures a country’s trade and income with the world. It counts goods and services sold abroad, money earned on overseas investments and payments flowing the other way.

South Korea earned US$116.63 billion more from the world than it spent in the second quarter of this year – exceeding the combined current account surpluses of Germany and Japan for the first time on record. The current account measures a country’s trade and income with the world. It counts goods and services sold abroad, money earned on overseas investments and payments flowing the other way. A surplus means more foreign currency is coming in than going out. Surging demand for semiconductors...
South Korea (LOCATION) China (LOCATION) Germany (LOCATION) Japan (LOCATION)
Originally published by South China Morning Post Read original →

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