South Korea September exports rise 83.5% y/y to monthly record

A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025.

A woman looks at cranes and shipping containers from an observation platform at Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025. (REUTERS/Kim Hong-Ji )


1 photo
Save Story

Estimated read time: Less than a minute

SEOUL, Oct 1 — South Korea's exports jumped ​83.5% in September from a year earlier to post ‌a record monthly high, customs data showed ⁠on Thursday. Semiconductor ​shipments, fuelled ⁠by global spending on artificial ‌intelligence, also ‌set a record.

Data released by the ⁠customs office ⁠on Thursday showed outbound shipments outstripped market expectations of a 62.0% increase, marking the country's 16th consecutive month of export ‌growth.

Average exports per ​working day jumped by 104.9% compared to the previous year.

The surging growth was anchored by a historic peak in semiconductor shipments, which continue to serve as ​the backbone of the ‌global AI ‌infrastructure ⁠build-out.

Imports climbed 26.0% year-on-year, outpacing the 21.5% forecast. This resulted in a provisional trade surplus of $49.85 ‌billion, up from $34.79 ​billion in ‌August.

(Reporting by Cynthia ⁠Kim; ​Editing by Clarence Fernandez and Ed ​Davies)

Photos

Most recent Business stories

Related topics

STAY IN THE KNOW

Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Notice.
Newsletter Signup

KSL Weather Forecast

KSL Weather Forecast
Play button