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Korea's monthly exports hit $115.3 bil. in Oct. on record chip sales

South Korea's exports jumped 93.7 percent to a record $115.3 billion in October from a year earlier, driven largely by a sharp increase in semicond...

The Korea TimesYonhap查看原文 ↗
Containers bound for export are stacked at a port in Busan, Oct. 1. Yonhap
Containers bound for export are stacked at a port in Busan, Oct. 1. Yonhap

South Korea’s exports rose 93.7 percent to a record $115.3 billion in October, driven largely by semiconductor shipments, data showed Sunday. The Ministry of Trade, Industry and Resources attributed the increase to strong global semiconductor demand and continued technology-company investment in AI infrastructure. Imports increased 36 percent to $72.78 billion, leaving a trade surplus of $42.5 billion. Exports to China and the United States also surged.

Semiconductor exports climbed 259 percent year on year to $56.4 billion.

Petroleum product exports rose 80 percent to $6.92 billion, while petrochemical exports increased 27.5 percent to $4 billion.

Cosmetics exports grew 57.5 percent to $1.44 billion amid rising demand in China, the United States and the European Union.

Automobile exports gained 18.1 percent to $6.55 billion, driven by increased overseas demand for gasoline hybrid models.

Exports to China rose 133.6 percent to $26.98 billion, topping $20 billion for the fifth consecutive month; shipments to the United States increased 185.8 percent to $24.9 billion.

Published Nov 1, 2026 9:22 am KST

Updated Nov 1, 2026 9:43 am KST

Containers bound for export are stacked at a port in Busan, Oct. 1. Yonhap

South Korea's exports jumped 93.7 percent to a record $115.3 billion in October from a year earlier, driven largely by a sharp increase in semiconductor shipments, data showed Sunday.

Strong global demand for semiconductors, coupled with continued investments by major technology companies in artificial intelligence (AI) infrastructure, boosted overall exports, the Ministry of Trade, Industry and Resources said in a press release.

Imports rose 36 percent from a year earlier to $72.78 billion, resulting in a trade surplus of $42.5 billion.

By sector, semiconductor exports, a key pillar of Asia's fourth-largest economy, skyrocketed 259 percent from a year earlier to $56.4 billion, the release said.

Exports of petroleum products jumped 80 percent to $6.92 billion, while those of petrochemical products rose 27.5 percent to $4 billion.

Cosmetics exports shot up 57.5 percent to $1.44 billion on rising demand in China, the United States and the European Union.

By destination, exports to China soared 133.6 percent to $26.98 billion, driven by strong shipments of semiconductors and wireless communications equipment.

Exports to China topped $20 billion for the fifth consecutive month.

Shipments to the United States surged 185.8 percent to $24.9 billion, supported by robust demand for semiconductors, computers and electrical equipment used in AI infrastructure.

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