Close Menu

    Subscribe to Updates

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

    What's Hot

    Etihad’s Expanding Network: New Flights from Abu Dhabi to Gothenburg Launch in December

    August 13, 2026

    Coinbase establishes its tokenization hub in Abu Dhabi, with Financial Services Permission from the Financial Services Regulatory Authority (FSRA)

    August 13, 2026

    Global Perspectives Mark International Youth Day 2026 with a Focus on Inclusion

    August 13, 2026
    Facebook X (Twitter) Instagram
    Qatar News Hub: Every Qatar story, connected.Qatar News Hub: Every Qatar story, connected.
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Qatar News Hub: Every Qatar story, connected.Qatar News Hub: Every Qatar story, connected.
    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

    Tightening Fuel Supplies Drive Up Diesel Prices Across US and Europe

    August 12, 2026

    Gold Prices Continue to Rise Globally Ahead of US Inflation Data

    August 11, 2026

    Inflation in Denmark Eases to 1.7% in July, While Core Rate Holds Steady

    August 11, 2026

    Impact of Europe’s Heatwave on EU Economic Outlook and Regional Stability

    August 11, 2026

    Heat Wave in South Korea Spurs Rising Prices for Fresh Produce and Seafood

    August 10, 2026

    South Korea Achieves Record-Breaking Tourism Surplus Amid Rising International Visitor Numbers

    August 10, 2026
    Latest News
    Travel

    Etihad’s Expanding Network: New Flights from Abu Dhabi to Gothenburg Launch in December

    August 13, 2026

    Etihad’s Abu Dhabi-Gothenburg service will operate four times weekly this winter. This new route marks Gothenburg’s first direct flight connection to the United Arab Emirates, providing the city its inaugural nonstop route to the Middle East and Asia. Travelers from western Sweden can now connect via Abu Dhabi to numerous destinations across India and Asia. Conversely, travelers departing from Gothenburg will have direct access to Abu Dhabi, facilitating easy transit to wider regions.

    Global Perspectives Mark International Youth Day 2026 with a Focus on Inclusion

    August 13, 2026

    Federal lawsuits on social media addiction advance across U.S. jurisdictions

    August 12, 2026

    UN Calls for Enhanced Child Protection Measures Worldwide

    August 12, 2026

    Tightening Fuel Supplies Drive Up Diesel Prices Across US and Europe

    August 12, 2026

    Japan’s H3 Rocket Successfully Deploys Michibiki No. 7 to Its Intended Orbit, Expanding Regional Navigation Coverage

    August 12, 2026

    Gold Prices Continue to Rise Globally Ahead of US Inflation Data

    August 11, 2026

    Inflation in Denmark Eases to 1.7% in July, While Core Rate Holds Steady

    August 11, 2026
    © 2026 Qatar News Hub | All Rights Reserved
    • Home
    • Contact Us

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