South Korea's exports in the first 20 days of September continued their strong momentum, with chip exports surging 259% and remaining the growth driver.
Zhitong Finance APP has learned that South Korea's exports continued to maintain steady growth in early September, driven by semiconductor shipments supported by global artificial intelligence demand and by this broader trade-dependent economy. Data released by South Korea's customs on Monday showed that after adjustment for working days, exports in the first 20 days of September increased by 89.8% year-on-year, while the initially reported increase for the same period in August was 61.5%. Unadjusted exports rose 78.3%, imports rose 26.7%, and the trade surplus reached nearly $23 billion.
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