South Korea recorded its lowest current account surplus in seven years during the first half of this year. The Bank of Korea's figures released Tuesday show the surplus recorded 21-point-seven billion dollars from January to June. This is largely due to a decrease in trade, with exports and imports falling by eight-point-five percent and five-point-one percent respectively. A central bank official attributed the decline to the trade war between the U.S. and China and sluggish global trade. Sliding semiconductor prices also took a toll on the country's balance of payments. In June, South Korea posted its highest current account surplus in eight months. However, both exports and imports of goods declined by 16-percent and 12-percent respectively.
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