South Korea’s Chip-Led Exports Accelerate, Bringing $1 Trln Annual Target Closer
7 Articles
7 Articles
(Seoul = Yonhap News) Reporter Shin Chang-yong = South Korea's exports in October reached $115.3 billion, bringing the year's cumulative export value to over $900 billion for the first time in history.
South Korea's exports surpassed $900 billion for the first time in history from January to October this year. Last month's exports also reached $115.3 billion, ranking second on an all-time monthly basis. Amidst the continued strong performance of semiconductor exports, the government projected that achieving the $1 trillion annual export mark in November is virtually certain. According to the "Import and Export Trends for October 2026" released…
With October exports reaching $115.3 billion—the second-highest figure on record—cumulative exports for the year have surpassed $900 billion for the first time in history. With only $70 billion remaining to reach the $1 trillion annual export mark, South Korea is projected to become the fourth country in the world to reach this milestone this month, standing alongside the United States, China, and Germany. On the 1st, the Ministry of Trade, Ind…
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South Korea's annual exports are on the verge of surpassing $1 trillion for the first time in history. With cumulative exports reaching $930 billion through October, only $70 billion remains to reach the $1 trillion mark. Driven by the growth of the artificial intelligence (AI) industry, exports of high-tech sectors such as semiconductors and computers have surged, while key items like automobiles and petroleum products are also showing strong p…
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