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South Korea's exports jump 34 percent in January on semiconductor demand
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South Korea's exports rose 33.9 percent year-on-year in January to $65.85 billion, fueled by strong demand for semiconductors. This marked the highest January figure on record and the first time surpassing $60 billion for the month. The trade surplus reached $8.74 billion, extending the streak to 12 consecutive months, according to Ministry of Trade, Industry and Resources data.
China is leveraging high-tech manufacturing, including 3D printers, to gain a competitive edge in global markets. In 2025, exports of high-tech products rose 13.2 percent, contributing to overall export growth. Shenzhen firms like Anycubic and Elegoo are expanding overseas through innovation and cost advantages, reaching over 150 countries and regions.
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Energy Secretary Luz Elena González joined President Claudia Sheinbaum in Sonora to unveil investments in energy infrastructure, featuring the expansion of a pipeline to Guaymas. The project encompasses a liquefaction plant to export gas to Asia and enhance supply to southern Mexico. With a 131 billion peso investment, it establishes Mexico as a key energy hub in Latin America.
Egypt's Minister of Public Enterprises Sector, Mohamed El-Shimy, met with representatives from textile and garment industry chambers to strengthen cooperation with companies under the Holding Company for Cotton, Spinning, and Weaving. The meeting focused on expanding private sector partnerships to support local manufacturing, add value, and boost Egyptian exports to global markets.
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Lithium carbonate prices hit US$22,832 per tonne on Thursday, the highest since November 2023, following a 24% drop in Chilean exports in 2025. Experts link the surge to demand for batteries in electric vehicles and energy storage. A positive year is forecasted for the commodity, though not matching prior peaks.
South Korea's exports of food and agriculture-related products reached a record $13.62 billion in 2025, driven by the global popularity of Korean items like ramyeon noodles, sauces, and fruits. The Ministry of Agriculture, Food and Rural Affairs reported that the K-Food Plus sector grew 5.1 percent from the previous year.
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South Korea's exports fell 2.3 percent year-on-year in the first 10 days of January, despite robust semiconductor shipments. According to Korea Customs Service data, outbound shipments totaled $15.55 billion for the period. Weaker performance in automobiles, vessels, and steel products offset the gains.
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