Korea's Sept. exports hit record $120.9 bil. on robust chip sales
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South Korea benefits from the global AI boom like hardly any other country. Chips now account for half of the country's exports – and drive the trade surplus to a record high.
September exports surpassed $120 billion for the first time in history. The trade surplus also approached $50 billion. Cumulative exports through September reached $814.5 billion, and if this trend continues, annual exports are expected to break the $1 trillion mark by mid-November. This would be the fourth such record in the world, following Germany, the United States, and China. [Industry and Trade]
Korea's Sept. exports hit record $120.9 bil. on robust chip sales
Korea's exports soared 83.5 percent to a record $120.9 billion in September from a year earlier, driven by a surge in chip shipments, data showed Thursday. Semiconductor exports exceeded $60 billion for the first time ever last month, boosting overall export figures, the Ministry of Trade, Industry and Resources said in a press release. Imports climbed 26 percent from a year earlier to $71.09 billion, resulting in an unprecedented trade surplus …
South Korea's exports surpassed $120 billion for the first time in history in September, and cumulative exports from January to September also broke the $800 billion mark for the first time. Semiconductor exports exceeded $60 billion for the first time as a single item, setting a new all-time monthly record in just one month. According to the "September 2026 Import and Export Trends" released by the Ministry of Trade, Industry and Energy on the …
(Sejong=Yonhap News) Reporter Jang Bo-in = South Korea recorded its highest-ever monthly exports of $120 billion last month, surpassing $800 billion in annual exports for the first time in history...
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