Korea’s Exports Surge 56% in First 20 Days of August on Robust Chip Shipments
Fahad Shabbir (UrduPoint / Pakistan Point News / WAM – 21st Aug, 2026) The Republic of Korea’s exports surged 56 percent from a year earlier over the first 20 days of August, according to data from the Korea Customs Service. Outbound shipments reached a record $55.2 billion during this period, with semiconductor shipments contributing significantly.
Key Findings:
- Exports: $55.2 billion (up 56% year-on-year)
- Imports: $41.2 billion (up 19% year-on-year)
- Trade Surplus: $14 billion
- Daily Average Exports: $3.94 billion (up 61.5% year-on-year)
By sector, exports of chips nearly tripled to $26 billion, accounting for 47.2 percent of total exports, a 22.5 percentage point increase from the previous year.
Related Stories:
- Micron unveils $10 billion AI memory research lab in Boise (54 seconds ago)
- Zimbabwe ferry disaster death toll rises to 97 (2 hours ago)
- US Open offers record $108 million prize money (5 hours ago)
