South Korea's October exports jump 93.7% to $115.3 billion as chip shipments surge 259%
South Korea's exports rose 93.7% from a year earlier to $115.3 billion in October, the Ministry of Trade, Industry and Resources said on Sunday, Nov. 1, per Yonhap.
What happened
Semiconductor exports climbed 259% to $56.4 billion, making up nearly half of all shipments as AI infrastructure spending keeps memory demand hot.
Imports rose 36% to $72.78 billion, leaving a trade surplus of $42.5 billion.
The October total came in below September's record $120.9 billion.
Reported from Yonhap News Agency. Site-only brief: it was not posted on X.
