South Korea's October exports surge, driven by semiconductors
South Korea's October exports reached $115.28 billion, up 93.7% year on year, with semiconductor shipments rising 259%, according to the industry ministry.
By GennnAi··1 min read
Exports excluding chips grew 34%, and 18 of the 20 main product categories rose. Imports reached $72.78 billion (+36.0%), leaving a trade surplus of $42.5 billion. Cumulative January–October exports topped $930 billion, passing $900 billion for the first time. The ministry expects the $1 trillion annual mark to be reached in November. Figures, published on 1 November, are provisional and may be revised until February 2027.
Source: Korea Policy Briefing (ministère sud-coréen de l'Industrie), published on November 1, 2026.