South Korea Records $3.17 Billion Monthly Trade Surplus as Semiconductor Exports Reach $12.5 Billion
Official customs-cleared trade figures released by MOTIE show monthly exports rising 4.6% year-on-year to $57.5 billion, marking the 17th consecutive monthly trade balance surplus.
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According to the Ministry of Trade, Industry and Energy (MOTIE) and the Korea Customs Service, South Korea’s total exports reached $57.5 billion in October 2026, an increase of 4.6% compared to the same month a year earlier. Total imports stood at $54.3 billion (+1.7% YoY), resulting in a net customs trade surplus of $3.17 billion.
Semiconductor exports led industrial performance at $12.5 billion (+40.3% YoY), driven by sustained international demand for high-bandwidth memory (HBM) and DDR5 server modules used in data center infrastructure. Automobile exports reached $6.2 billion (+5.5% YoY), supported by hybrid vehicle shipments.
All figures are reported on a customs-clearance basis (FOB for exports, CIF for imports) under KOGL Type 1 open government data terms.
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Customs clearance basis compiled by Korea Customs Service and MOTIE; exports valued FOB (Free on Board) and imports valued CIF (Cost, Insurance, and Freight) in USD.