Bustling South Korean port with semiconductor exports reaching record high
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South Korea's exports hit record high of $87.8 billion in May

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Kiswahili

South Korea's exports jumped 53 percent from a year earlier to a record $87.8 billion in May, driven by the semiconductor supercycle.

According to the Ministry of Trade, Industry and Resources, outbound shipments reached $87.8 billion, up 53 percent on-year. This marked the third straight month exports exceeded $80 billion.

Semiconductor exports surged 169.4 percent to an all-time high of $37.2 billion. Shipments of D-RAMs rose 369.8 percent to $18.6 billion, while NAND flash memory exports climbed 206.8 percent to $1.7 billion.

Imports increased 20.8 percent to $60.8 billion, producing a trade surplus of $26.95 billion. Exports to China grew 80.9 percent to $18.9 billion, and those to the United States rose 59.1 percent to $15.97 billion.

Watu wanasema nini

Users on X reacted to South Korea's May exports reaching a record $87.8 billion with a 53% year-over-year surge, crediting the semiconductor supercycle and AI demand. Posts noted the largest export jump since 1984 and a record trade surplus. Some highlighted semiconductor exports hitting $37 billion monthly. Discussions included positive views on economic recovery alongside notes on foreign investor outflows from Korean stocks despite the boom.

Makala yanayohusiana

Illustration of South Korean exports surging with semiconductor shipments at a port.
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