FX.co ★ South Korea Exports Rise More than Expected

In November 2025, South Korea's exports surged by 8.4% compared to the previous year, reaching USD 61.04 billion. This marks the highest figure for any November on record. This growth accelerated from a downwardly revised 3.5% increase in October and exceeded expectations of a 5.7% rise, primarily fueled by strong demand for semiconductors, the nation's leading export. Furthermore, South Korea and the United States recently announced a mutual agreement to reduce tariffs from 25% to 15%, as established in July. However, tariffs on automobiles and auto parts will remain at 25%.