South Korea Exports Top $100 Billion for 1st Time

2026-07-01 00:06 By Chusnul Chotimah 1 min. read

South Korea’s exports surged 70.9% yoy to a record high of USD 102.25 billion in June 2026, accelerating sharply from an upwardly revised 53.4% jump in May and marking the strongest growth since June 1976.

Exports exceeded USD 100 billion for the first time, mainly driven by a surge in semiconductor shipments.

Shipments rose for the 13th straight month, with semiconductor exports soaring 199.5% to a record USD 44.82 billion, surpassing USD 40 billion for the first time, driven by strong demand for memory chips.

Computer exports also surged more than 300%, while shipments of wireless communication devices and petroleum products jumped 51.9% and 49.8%, respectively.

Meanwhile, auto exports rose 5.8% after falling in May.

Shipments to China jumped 92.1%, driven by semiconductors, petrochemical products, machinery, and mobile devices, while those to the US soared 78.6%, boosted by expanding investment in AI servers.

For H1 of the year, exports increased 48.4% yoy to USD 496.7 billion.



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South Korea Exports Top $100 Billion for 1st Time
South Korea’s exports surged 70.9% yoy to a record high of USD 102.25 billion in June 2026, accelerating sharply from an upwardly revised 53.4% jump in May and marking the strongest growth since June 1976. Exports exceeded USD 100 billion for the first time, mainly driven by a surge in semiconductor shipments. Shipments rose for the 13th straight month, with semiconductor exports soaring 199.5% to a record USD 44.82 billion, surpassing USD 40 billion for the first time, driven by strong demand for memory chips. Computer exports also surged more than 300%, while shipments of wireless communication devices and petroleum products jumped 51.9% and 49.8%, respectively. Meanwhile, auto exports rose 5.8% after falling in May. Shipments to China jumped 92.1%, driven by semiconductors, petrochemical products, machinery, and mobile devices, while those to the US soared 78.6%, boosted by expanding investment in AI servers. For H1 of the year, exports increased 48.4% yoy to USD 496.7 billion.
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