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South Korea's July Exports Forecast at $97.83B, Up 61.1% Year-over-Year

2026-07-29 01:16:33

According to Yonhap Infomax's survey of eight financial institutions on July 29, South Korea's July exports are projected to reach $97.83 billion, up 61.11% year-over-year and marking the second consecutive month above $90 billion. The forecast reflects sustained strong semiconductor demand driven by expanding AI investments and rising chip prices. Semiconductor exports alone are expected to contribute significantly to the growth, with the first 20 days of July already recording $54.9 billion in exports, a 52.3% increase from the same period last year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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