In July 2025, South Korean exports experienced a 5.9% year-on-year increase, reaching a seven-month peak of USD 60.8 billion. This growth accelerated from a 4.3% rise in June and exceeded market expectations of a 4.6% gain. This represents the second successive month of export expansion, recording the fastest growth rate since December of the previous year, primarily fueled by strong semiconductor sales. According to preliminary data, semiconductor exports soared by 31.6% compared to the previous year, amounting to a record USD 14.71 billion for any July.