South Korea posted a record current account surplus with the United States last year, due to growing demand for cars and increased dividend income, but suffered its first current account deficit with China last year in two decades.
South Korea’s overall current account surplus shrank to $29.83 billion in 2022 from $85.23 billion a year earlier.
Korea recorded a current account deficit with China, its largest trading partner, worth $7.78 billion last year, the first such deficit since 2001.
Japan’s current account deficit shrank to $17.78 billion from $22.2 billion during the period, while it posted a current account surplus of $7.04 billion with the European Union, a shift from a deficit of $630 million the previous year.
The current account deficit with the Middle East ballooned to $88.05 billion last year from $47.98 billion a year earlier due to higher crude oil prices.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 