FX.co ★ South Korea Exports Top $100 Billion for 1st Time

South Korea’s exports soared 70.9% year-on-year to a record USD 102.25 billion in June 2026, sharply accelerating from a revised 53.4% increase in May and marking the fastest growth since June 1976. It was the first time exports exceeded the USD 100 billion threshold, largely driven by a surge in semiconductor sales. Overall shipments increased for the 13th consecutive month, with semiconductor exports climbing to an all-time high of USD 44.82 billion and surpassing USD 40 billion for the first time, supported by robust demand for memory chips. Computer exports jumped by more than 300%, while shipments of wireless communication devices and petroleum products advanced 51.9% and 49.8%, respectively. In addition, auto exports grew 5.8%, rebounding after a decline in May.