South Korea October 1-20 exports surge 105% on record chip sales
Business Recorder • • 1 min read
South Korea’s exports jumped 105.4% year on year during October 1-20, supported by record semiconductor sales amid global AI investment, customs data showed on Wednesday, Business Recorder reported. On a working-day average, exports reached a record $4.74 billion, an increase of 65.9%.
Semiconductor shipments climbed 222.5% and made up 44.7% of the country’s exports during the period. The latest rise follows September’s 83.7% export growth, the strongest since February 1974, when monthly exports also exceeded $120 billion for the first time. For PSX readers, the figures provide an indicator of demand in the global technology sector, particularly for chips.
At a glance
- South Korean exports rose 105.4% in October 1-20 compared with a year earlier.
- Semiconductors accounted for 44.7% of exports after shipments increased 222.5%.
Originally reported by Business Recorder
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