South Korea reported a knowledge service trade deficit of about $64.4 million in the first half of the year, nearly 9 trillion won, driven by higher payments for IP licenses and AI-related software. Cultural and leisure services posted a solid surplus, but overall deficit widened from the previous half-year. The data comes from the Bank of Korea's half-year trade statistics.
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Notes the overall deficit in knowledge services against a backdrop of cultural export strength, framing the result as part of a complex trade picture.
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