South Korea exports rise 43.7 percent in early May

South Korea's exports jumped 43.7 percent from a year earlier in the first 10 days of May. Data from the Korea Customs Service showed outbound shipments reached 18.4 billion dollars.

Exports in the May 1-10 period reached 18.4 billion dollars. This marked a sharp increase from 12.8 billion dollars recorded in the same period last year.

Imports rose 14.9 percent to 16.7 billion dollars. The figures produced a trade surplus of 1.7 billion dollars.

The Korea Customs Service released the data on May 11. A photograph of stacked containers at a port in Pyeongtaek accompanied the report.

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Realistic depiction of South Korea's booming semiconductor exports at Busan Port with surging trade graphs and Seoul skyline.
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South Korea's exports surge 36.7% in first 10 days of April

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South Korea's exports rose 36.7 percent year-on-year to a record $25.2 billion in the April 1-10 period, fueled by strong semiconductor demand. Korea Customs Service data showed imports up 12.7 percent to $22.1 billion, resulting in a $3.1 billion trade surplus.

South Korea's exports rose 65 percent from a year earlier in the first 20 days of May, driven by a sharp increase in semiconductor shipments.

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South Korea's exports jumped 60.4 percent in the first 20 days of June from a year earlier. Robust semiconductor shipments drove the figure to a record high.

South Korea's consumer prices rose 3.1 percent in May from a year earlier, the fastest pace in 26 months, driven by surging fuel prices amid the Middle East war.

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Statistics Korea reported on May 29 that industrial output fell 0.6 percent in April from March, with retail sales and facility investment also dropping 3.6 percent each.

South Korea's consumer prices rose 2.6 percent year-on-year in April, up from March's 2.2 percent and the fastest pace in 21 months, driven by soaring fuel costs from the ongoing Strait of Hormuz disruption. Government data confirmed the figures.

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South Korea's K-pop album exports hit a record $120 million in the first quarter of 2026, customs data showed. Shipments surged 159 percent from a year earlier, marking the first time quarterly exports exceeded $100 million. The United States emerged as the largest market.

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