South Korea March exports projected to rise 44.9 percent

South Korea's March exports are set to rise 44.9% on strong AI chip demand. Higher oil prices are also lifting imports and pushing inflation to 2.4%.

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South Korea is projected to report its strongest export growth in nearly five years for the month of March. This performance is largely driven by a significant boom in semiconductor demand, which has been fueled by a global wave of investment in artificial intelligence.

Cargo containers stacked at Pyeongtaek port in South Korea during April 2025. REUTERS/Kim Hong-Ji/File Photo
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