Korean Exporters

Korean Exporters Taking Big-Steps For 2025
Recording the best exports ever last year

Korea’s exports rose by 8.2% year-on-year to US$683.8 billion, while imports decreased by 1.6% to $632 billion. The trade balance thus recorded a surplus of $51.8 billion, breaking the record for the largest export volume ever.
The top contributor to exports is semiconductors, which recorded the highest export volume ever, and exports of all IT items, including wireless communication devices, displays, and computers, showed consistently good performance.

Exports of semiconductors, the largest export item, increased by 43.9% to $141.9 billion, continuing the 14-month consecutive increase since November 2023 and breaking the previous record of $129.2 billion in 2022 in two years. In particular, in the fourth quarter, despite the decline in general memory prices, exports expanded, focusing on high value-added items such as DDR5 and HBM, leading to improved performance.
Exports of all IT items, including wireless communication devices, displays, and computers, also achieved a new record by recording positive figures for the first time in three years since 2021.

Automobile exports recorded $70.8 billion, maintaining a steady level from the previous year, due to some production disruptions caused by strikes in major auto and parts industries in the second half of the year, but continued to record good performances of over $70 billion for two consecutive years.
Ship exports reached $25.6 billion in 2021, with high value-added ships such as LNG carriers and large container ships ordered at high prices being exported in earnest.
In 2025, Korean exporters are seeking to pioneer promising global markets, backed by the competitiveness of their own products.

 
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