South Korea reported a $140 million trade surplus in intellectual property rights for the first half of the year, driven by gains in copyrights, according to the country's central bank data released on Wednesday. This compares to a $370 million surplus in the second half of last year and a $1.9 million deficit a year earlier. The surplus was supported by a $1.34 billion gain in copyright trade, including $650 million from cultural and art content. Industrial property rights trade saw a $1.13 billion deficit reduction. The manufacturing sector posted a $1.66 billion surplus, while the service sector had a $1.62 billion deficit. South Korea faced deficits with the US and Britain of $850 million and $1.74 billion, but recorded surpluses with China and Vietnam of $1.25 billion and $910 million.

Source: CIP Today