South Korea's Exports Exceed $900 Billion for First Time... Annual '$1 Trillion' Goal Within Reach

조선일보

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South Korea achieved cumulative exports of $900 billion through October and is on track to surpass the $1 trillion mark by the end of the year. Strong exports of key items, including semiconductors, automobiles, and computers, along with a large trade surplus, drove these results. The government plans to strengthen corporate support and trade cooperation to prepare for uncertainties in the global trade environment.

매일신문

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Driven by the semiconductor boom, South Korea's cumulative exports are projected to surpass $900 billion for the first time in history this year, making the country the fourth in the world to reach the "1 trillion dollar export" milestone, following the U.S., China, and Germany. However, this presents a stark contrast, as domestic consumption shows no signs of recovery due to prolonged contraction, and companies are struggling under the burden o…

Seoul Shinmun (서울신문)

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On the 1st, President Lee Jae-myung expressed his sentiments upon hearing the news that South Korea’s exports this year had surpassed $900 billion for the first time in history, stating, “It feels like just yesterday we were celebrating $10 billion in exports, so I am deeply moved.” President Lee made these remarks on X, saying, “I thank business leaders and workers on production sites for your hard work.” He added, “The government will strive h…