Chip Surge Drives Ninth Month of South Korean Export Growth

South Korean exports likely rose 24 percent in February as AI demand boosted chip sales. This marks a ninth straight month of growth for the major economy.

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South Korea is projected to record its ninth consecutive month of export growth in February, driven by a significant surge in semiconductor demand linked to the global artificial intelligence boom. According to a median forecast from a Reuters poll of nine economists, exports from the nation—a key bellwether for global trade—are expected to have risen 24.0% compared to the same period last year. While this is a decrease from the 33.8% growth seen in January, it remains the second-strongest year-on-year increase in the current growth cycle that began in mid-2025.

Cranes and shipping containers are seen at Pyeongtaek port in Pyeongtaek, South Korea, April 2, 2025. REUTERS/Kim Hong-Ji
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