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Korea's monthly exports surge 68.7% in August on strong chip shipments

Summary by The Korea Times
Korea's monthly exports soared 68.7 percent in August from a year earlier on solid chip shipments, data showed Tuesday. Outbound shipments came to $98.25 billion in August, according to the Ministry of Trade, Industry and Resources. Imports climbed 22.6 percent on-year to $63.51 billion, resulting in a trade surplus of $34.75 billion.

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Last month's exports once again neared $100 billion. Monthly semiconductor exports hit an all-time high of $46.7 billion. The Ministry of Trade, Industry and Energy announced on the 1st that August exports totaled $98.25 billion, a 68.7% increase compared to the same month last year. This ranks third in the all-time monthly export rankings. Monthly export figures over the past three months

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South Korea's exports rose 68.7 percent in August, compared with the same month a year earlier. Imports rose 22.5 percent at the same time.

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Tuesday, September 1, 2026.
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