South Korea's Exports Surge 93.7% in October, Fastest Growth Since 1974

Name: South Korea's Exports Surge 93.7% in October, Fastest Growth Since 1974
Uploaded: 2026-11-01T05:00:52.868771+00:00
Description: South Korean exports jumped 93.7% year on year to $115.28bn in October 2026, the fastest growth rate since January 1974, as a global artificial intelligence investment boom drove semiconductor shipments sharply higher. The surge keeps South Korea on pace to cross $1tn in annual exports for the first time, according to Trade Minister Kim Jung-kwan.

South Korean exports jumped 93.7% year on year to $115.28bn in October 2026, the fastest growth rate since January 1974, as a global artificial intelligence investment boom drove semiconductor shipments sharply higher. The surge keeps South Korea on pace to cross $1tn in annual exports for the first time, according to Trade Minister Kim Jung-kwan.

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