intellectual property-trade surplus S. Korea logs 2nd-largest trade surplus in IP rights in first half of 2023 SEOUL, Sept. 22 (Yonhap) -- South Korea racked up the second-largest surplus in the trade of intellectual property (IP) rights in the first half of the year on increased exports of cultural content, central bank data showed Friday. The nation's surplus in the intellectual property account stood at US$330 million in the January-June period, compared with a $1.64 billion shortfall in the second half of last year, according to preliminary data from the Bank of Korea.

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