Close Menu

    Subscribe to Updates

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

    What's Hot

    Omdia H1 2026: Hisense Ranks No. 1 Globally in 100-Inch-and-Above TV Shipments

    August 27, 2026

    Saudi Arabia imports of canned tomatoes from the EU and Italy continue to grow in 2025 and 2026

    August 27, 2026

    MBC GROUP REVEALS MBC GAMES STUDIO WITH DEBUT TITLE UNVEILING AT GAMESCOM

    August 26, 2026
    Facebook X (Twitter) Instagram
    Oman News HubOman News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Oman News HubOman News Hub
    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
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    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 WhatsApp Reddit Email

    Related Posts

    Oil prices rebound after Brent slides below $93

    August 25, 2026

    Alibaba secures HK$80 billion to expand AI investment

    August 24, 2026

    South Korea launches Arctic container ship trial to Europe

    August 24, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    South Korea auto exports reach $6.24 billion in July

    August 14, 2026
    Latest News
    Health

    European Commission adds PCR support for Ebola outbreak

    August 25, 2026

    The European Commission has expanded its Ebola response with a €2.1 million purchase of PCR tests for the Bundibugyo virus outbreak. The agreement covers open-platform tests that laboratories can use with existing systems. Shipments are due to start in August as health teams confront a large outbreak centered in the Democratic Republic of the Congo and affecting parts of the wider region.

    Oil prices rebound after Brent slides below $93

    August 25, 2026

    Alibaba secures HK$80 billion to expand AI investment

    August 24, 2026

    South Korea launches Arctic container ship trial to Europe

    August 24, 2026

    Nearly 22,000 Pakistanis deported from Gulf over 4 months

    August 22, 2026

    Australian team finds new way to tackle triple-negative breast cancer

    August 22, 2026

    Japan posts record July trade as imports outpace exports

    August 21, 2026

    DR Congo allocated 70,000 doses for Ebola outbreak

    August 21, 2026
    © 2026 Oman News Hub | All Rights Reserved
    • Home
    • Contact Us

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