Korea’s monthly exports hit US$100 billion for 1st time in June

The Republic of Korea’s monthly exports hit a fresh high by surpassing the US$100 billion mark for the first time in June, amid the record-breaking performance of chips, data showed Wednesday. Outbound shipments surged 70.9 percent on-year to $102.25 billion in June, according to the Ministry of Trade, Industry and Resources. Imports rose 30.1 percent on-year to $66.1 billion, resulting in a trade surplus of $36.15 billion. It also marked the first time that the monthly trade balance has surpassed $30 billion. Exports of semiconductors nearly tripled to reach $44.82 billion, with monthly exports surpassing $40 billion for the first time on the back of surging demand for memory chips. Over the January-June period, exports also reached a record high, rising 48.4 percent from a year earlier to $496.7 billion. Semiconductor exports shot up 163 percent from a year earlier in the first half.

Related Post

Gold prices hit seven-month low

Gold prices fell on ‌Wednesday after hitting a seven-month low in the previous session, pressured by higher Treasury yields and concerns over inflation and Federal Reserve rate hikes elevated. Spot ​gold was down 0.7 percent at $3,979.41 per ounce, as of 03:00 GMT. In the ​previous session, bullion slipped to $3,942.99 per ounce, its lowest […]

1 Jul 2026 - 10:04 AM

Gold faces biggest monthly drop since late 2008

Gold prices fell more than 1 percent on Tuesday and were set for their biggest monthly decline since October 2008. Spot gold declined 1.5 percent to $3,956.92 per ounce by 02:21 GMT, shedding 12.7 percent so far in the month in what ⁠would be its fourth straight monthly fall. US gold futures for August delivery […]

30 Jun 2026 - 8:23 AM

Gold poised for fourth weekly loss

Gold was set on Friday for a ‌fourth straight weekly fall, as a resilient dollar and expectations of faster US rate hikes to tame inflation kept bullion pressured near $4,000 per ounce. Spot gold fell 0.6% to $4,002.77 per ounce by ​0441 GMT. U.S. gold futures for August delivery lost 0.7% to $4,017.30. For the […]

26 Jun 2026 - 9:47 AM

Gold extends losses on Fed tightening outlook, dollar strength

Gold prices extended losses on Thursday, hovering near the more-than-seven-month low hit a day earlier, as the dollar held firm on rising expectations of Federal Reserve interest rate hikes. Spot gold ‌was down 0.4 percent at $3,985.89 per ounce, as of 00:43 GMT, after hitting its lowest level since November 2025 on Wednesday. US gold […]

25 Jun 2026 - 8:23 AM