South Korea Exports Pass Record on AI Chips

South Korea exports reached $709 billion so far this year, exceeding last year's annual record due to booming global demand for AI semiconductors. The country remains on track to hit $1 trillion in annual exports by early December.

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Imported vehicles are parked at Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025. REUTERS/Kim Hong-Ji

South Korea exports reached $709.4 billion by Saturday morning, surpassing last year's annual record on surging global demand for AI chips. Asia's fourth-largest economy is on track to hit $1 trillion in annual shipments by early December. The milestone would make South Korea the fourth country to reach the threshold, following the United States, China, and Germany.

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