Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Formerra Adjusts Transportation Surcharge Amid Continued Freight and Logistics Pressures

    October 27, 2026

    Iran war threatens Africa food security, trade officials warn

    October 27, 2026

    Modi meets BRICS MPs at 12th Parliamentary Forum in Delhi

    October 27, 2026
    Facebook X (Twitter) Instagram
    Zion ChronicleZion Chronicle
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • More
      • Sports
      • Technology
      • Travel
    Zion ChronicleZion Chronicle
    Home » South Korea exports reach record US$102.25 billion in June
    Business

    South Korea exports reach record US$102.25 billion in June

    July 2, 2026

    SEOUL, SOUTH KOREA / MENA Newswire / – South Korea’s exports topped US$100 billion in a single month for the first time in June, setting a national record as semiconductor shipments nearly tripled. The Ministry of Trade, Industry and Resources said exports rose 70.9% from a year earlier to US$102.25 billion. Imports climbed 30.1% to US$66.10 billion. The result gave Asia’s fourth-largest economy a monthly trade surplus of US$36.15 billion, also a record for the country.

    South Korea exports reach record US$102.25 billion in June
    South Korea’s record June exports highlight the role of chips in global trade growth.

    The June figure made South Korea the fourth country to pass US$100 billion in monthly exports, after Germany, China and the United States. Average daily exports, adjusted for working days, rose 59.5% to US$4.54 billion. That also marked a record for a second straight month. The milestone showed the scale of Korea’s trade rebound in 2026, after strong gains in high-value technology goods and wider growth across most major export categories.

    Semiconductors led the increase, rising 199.5% to US$44.82 billion. Chip exports topped US$40 billion for the first time in a month, helped by demand for memory products and higher contract prices. Computer exports jumped 308.8% to US$5.41 billion, with solid state drives among the main contributors. Wireless communication devices rose 51.9% to US$1.55 billion. Overall, 18 of Korea’s 20 major export items posted gains in June.

    Technology shipments power record trade month

    Other industries also added to the record total. Automobile exports rose 5.8% to US$6.71 billion, while ship exports increased 12.9% to US$2.83 billion. Petroleum products climbed 49.8% to US$5.59 billion, and petrochemicals gained 18.8% to US$4.07 billion. Steel exports rose 9.6% to US$2.14 billion, turning positive for the first time in 14 months. General machinery also returned to growth, rising 7.5% to US$4.08 billion.

    Consumer and industrial product categories showed further gains. Biohealth exports rose 14.1% to US$1.92 billion, a record for June. Cosmetics exports increased 42.5% to US$1.34 billion. Agricultural and fisheries products advanced 16.8% to US$1.17 billion, supported by processed food exports such as ramen and seasoned laver. Nonferrous metals climbed 45.8% to US$1.82 billion, helped by higher prices and volumes for copper and aluminum.

    China and U.S. demand lift regional totals

    By destination, exports rose in seven of South Korea’s nine major markets. Shipments to China increased 92.1% to US$20.03 billion, marking an eighth straight month of growth. Exports to the United States rose 78.6% to US$20.02 billion. ASEAN-bound exports grew 86.6% to US$18.30 billion, setting an all-time monthly record for a fifth consecutive month. Exports to the European Union rose 31.8% to US$7.62 billion, while shipments to the Middle East fell 8.4% to US$1.80 billion.

    For the first half of 2026, exports rose 48.4% to US$496.7 billion, the highest first-half total on record. Semiconductor exports reached US$192.4 billion in the six-month period, already above the previous full-year record of US$173.4 billion set in 2025. Imports rose 16.6% to US$358.4 billion. The Ministry of Trade, Industry and Resources reported a first-half trade surplus of US$138.3 billion, up US$110.9 billion from the same period last year.

    Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email

    Related Posts

    Microsoft offers voluntary buyouts to about 60,000 employees

    October 27, 2026

    South Korea surplus tops Germany and Japan combined in Q2

    October 26, 2026

    Russia-Oman trade jumps 22-fold to $1.5 billion, Shoigu says

    October 23, 2026

    Japan posts 536.6 billion yen trade deficit in September

    October 23, 2026

    Korean exports double to $61.6 billion on chip shipments

    October 22, 2026

    Brent oil touches $110 for first time since May

    October 17, 2026
    Latest News

    Iran war threatens Africa food security, trade officials warn

    October 27, 2026

    – African countries are feeling the economic fallout of the US-Israel war on Iran, with rising fuel and fertiliser prices threatening food security, trade officials have warned. Ministers from the region and a senior UN trade official raised the concerns

    Modi meets BRICS MPs at 12th Parliamentary Forum in Delhi

    October 27, 2026

    Microsoft offers voluntary buyouts to about 60,000 employees

    October 27, 2026

    South Korea surplus tops Germany and Japan combined in Q2

    October 26, 2026

    Zambezi Region records 33,944 malaria cases since January

    October 26, 2026

    WHO calls for stronger Ebola surveillance in DR Congo

    October 24, 2026

    India and Poland agree to double bilateral trade by 2030

    October 24, 2026
    © 2026 Zion Chronicle | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.