South Korea’s exports surged 53.2% year-on-year to a record USD 87.8 billion in May 2026, beating market expectations of 48.4% and quickening from April’s 48% gain. Export values stayed above USD 80 billion for a third consecutive month, propelled largely by robust semiconductor demand. Overall shipments rose for the 12th straight month, with semiconductor exports alone jumping to an all-time high of USD 37.2 billion.