South Korea Exports Jump 105.4% in Early October as Chip Sales Soar 222.5%
Updated
Updated · Reuters · Oct 21
South Korea Exports Jump 105.4% in Early October as Chip Sales Soar 222.5%
2 articles · Updated · Reuters · Oct 21
Summary
$4.74 billion in average daily exports marked a record in Oct. 1-20, as South Korea's total outbound shipments surged 105.4% from a year earlier.
Semiconductor exports leapt 222.5% and made up 44.7% of the total, driven by global AI investment that lifted chip demand.
September had already set a high bar: exports rose 83.7% — the biggest jump since February 1974 — and monthly export value topped $120 billion for the first time.
The early-October data suggest South Korea's trade boom is extending into a second month, with chips again at the center of growth.