Korea’s exports in June amounted to $59.8 billion, up 4.3% from the same month last year; while imports amounted to $50.72 billion, up 3.3% from the previous year.
Despite the impact of U.S. tariffs, semiconductors, a key flagship product, recorded the highest performance ever, while automobile exports also achieved the highest performance ever in June, leading overall exports.
The largest export item, semiconductors, increased 11.6% from last year to $14.97 billion (approximately KRW 20.2 trillion), rewriting the record for the highest performance ever.
Monthly semiconductor exports slightly decreased (-3%) in February, but have been increasing for four consecutive months since March, thanks to solid demand for high-value products such as high-bandwidth memory (HBM) and the upward trend in fixed prices.

Looking at exports by major country, exports to both the United States and China, the two largest export markets, showed a decrease. Exports to the United States, directly affected by the ‘Trump tariffs,’ decreased by 0.5% year-on-year to $11.24 billion, and exports to China also decreased by 2.7% to $10.42 billion.
Korean exporters continued to actively challenge overseas markets in order to gradually increase their export growth in the second quarter of this year.
And Korean companies armed with solid technological depth and vigorously targeting potential new markets are strategically developing and releasing competitive new items, which are expected to capture keen attention in global markets through various routes.

 
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