South Korea posted a current account surplus for the 15th consecutive month in July on the back of robust exports. 

According to tentative data from the central Bank of Korea(BOK) on Tuesday, the country's current account surplus came to eight-point-21 billion U.S. dollars in July. 

It’s the 15th straight month a surplus has been logged since May last year and the surplus grew one-point-19 billion dollars from a year ago. 

Exports rose by 26-point-three percent on-year to 54-point-three billion dollars, while imports gained 35 percent on-year to 48-point-five billion dollars.  

The service sector, on the other hand, posted a deficit of 80 million dollars in July, managing to narrow the shortfall by one-point-two billion dollars from a year earlier.

In particular, the transport account hit a record surplus of one-point-59 billion dollars in July, soaring from a surplus of just ten million dollars a year earlier.