Actual Previous Revised
Balance $49.85B $34.75B $34.79B
Imports - Y/Y 26.0% 22.5% 22.4%
Exports - Y/Y 83.5% 68.7%

Highlights

South Korea's trade balance trade surplus widened from $34.79 billion in August to $49.85 billion in September, a record high. Exports were again very strong, up 83.5 percent on the year after increasing 68.7 percent previously, largely reflecting ongoing demand for AI-hardware and semiconductors. Exports of semiconductors exceeded $60 billion, increasing by 263.0 percent on the year. Imports rose 26.0 percent on the year after a previous increase of 22.4 percent.

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