Korea’s Export Items Continuing Remarkable Presence in Global Market

Korea’s exports in June recorded $102.25 billion, a 70.9% surge compared to the same month of last year.
The main driver was semiconductors. Driven by explosive demand for memory fueled by a global boom in artificial intelligence (AI) infrastructure investment, fixed prices surged, resulting in semiconductor exports in June recording $44.82 billion, a 199.5% increase year-on-year.

The price of DDR5 16Gb RAM continued its upward trend, rising from $31.0 in March to $35.3 in April, $37.5 in May, and $40.0 in June, pushing up export figures.
This marks the first time that monthly semiconductor exports have surpassed $40 billion. Semiconductors have also recorded their highest-ever monthly figures for 15 consecutive months.

Computer exports, driven by high demand for solid-state drives (SSDs) from big-tech companies, recorded $5.41 billion, a 308.8% increase. Wireless communication devices ($1.55 billion, up 51.9%) also showed an upward trend, centered on finished mobile phones.
Korean exporters are energetically releasing new products. In their efforts toward accomplishing their export performance goals for this year, creative moves are being made to discover their own potential buyers and markets.

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