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South Korea Exports Hit July Record Despite Us Tariff Pressures

  • South Korea's exports reached a record high for July, exceeding $60 billion, an increase of nearly six percent from last year, according to government data.
  • Semiconductors garnered over $14 billion in exports, marking the highest-ever for July and a nearly one-third rise from the previous year.
  • Shipments to the United States grew due to increased exports of semiconductors and wireless communication devices, despite declines in steel and auto parts exports.
  • Kim stated that trade negotiations with the United States had 'removed much of the uncertainty surrounding our export environment.
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South Korea's exports surged to their highest level ever for a July, fuelled by strong overseas demand for semiconductors and automobiles, despite US tariffs weighing on trade, government data showed Friday.

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South Korea exports hit July record despite US tariff pressures

South Korea's exports surged to their highest level ever for a July, fuelled by strong overseas demand for semiconductors and automobiles, despite US tariffs weighing on trade, government data showed Friday.

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U.S. News broke the news in New York, United States on Wednesday, July 30, 2025.
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