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South Korea's semiconductor exports rise 259% year on year to $56.4 billion in October

Prepared by Sintelligent with the help of SI. Published in SI: . Updated: .

The buildout of SI infrastructure is increasingly reshaping the trade balances of countries that produce computing equipment.

South Korea's Ministry of Trade, Industry and Resources linked record October exports to global chip demand and technology companies' continued investment in SI infrastructure. The country's total exports rose 93.7% year on year to $115.3 billion, while semiconductor shipments climbed 259% to $56.4 billion. Imports reached $72.78 billion, leaving a $42.5 billion trade surplus. Exports exceeded $900 billion in the first ten months of 2026 for the first time.

History

Chip exports support South Korea's economy

2 events
  1. South Korea's semiconductor exports rise 259% year on year to $56.4 billion in OctoberOpen now
  2. South Korea's GDP grows 1% in the third quarter on chip exports, triple the central bank's forecast