South Korea's exports surged 94% YoY in October to $115B, driven by semiconductor and AI server demand.
Macro & Markets ·
South Korea's exports reached $115 billion in October, up 94% year-over-year, marking the strongest annual growth rate since January 1974. Semiconductor exports surged 259% to $56 billion while computer sales jumped 497%, driven by AI server demand. The country has recorded five consecutive months of at least 60% year-over-year export growth, with the first ten months of 2026 totaling a record $930 billion in exports.