South Korea's chip exports in the first 20 days of March soared by 163.9% year-over-year, with demand for artificial intelligence remaining strong.

MarsBitNews · 2026-03-23T01:54:30+00:00

Korean customs data shows that exports in the first 20 days of March increased by 50.4% year-over-year to $53.3 billion, reaching a historical high. Semiconductor exports grew 163.9% to $18.7 billion, driven by artificial intelligence demand. Trade surplus reached $12.1 billion.

MarsBitNews

2026-03-23 01:54:30

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South Korea’s customs data released on Monday showed that driven by strong overseas demand for semiconductors, South Korea’s exports in the first 20 days of March increased by 50.4% year-on-year. The data indicated that from March 1 to 20, South Korea’s exports reached $53.3 billion, the highest for the same period in history, compared to $35.4 billion last year. The data also showed that imports during the same period increased by 19.7% year-on-year to $41.2 billion, resulting in a trade surplus of $12.1 billion. By category, semiconductor exports surged 163.9% year-on-year to a record high of $18.7 billion, mainly driven by strong demand for artificial intelligence servers, which continued to push up storage chip prices. (Sina Finance)

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