South Korea’s exports of knowledge and communication expertise (ICT) merchandise rose for the eleventh consecutive month in September, pushed by file gross sales of semiconductors, information confirmed Monday.
Outbound shipments of ICT merchandise got here to $22.4 billion final month, up 24 % from $18.04 billion a yr earlier, in accordance with information compiled by the Ministry of Science and ICT.
The month-to-month tally marked the second highest since March 2022.
Imports of ICT merchandise elevated 15.9 % on-year to $12.5 billion, leading to a commerce surplus of $9.88 billion within the sector.
By merchandise, chip exports jumped 36.3 % on-year to file an all-time excessive of $13.6 billion in September, posting a double-digit improve for the eleventh straight month, amid robust international chip demand for synthetic intelligence servers.
Specifically, outbound shipments of reminiscence chips shot up 60.7 % on-year to $8.7 billion as demand for high-value merchandise, like high-bandwidth reminiscence chips, elevated.
Abroad gross sales of cell phones climbed 25.1 % to $1.71 billion because of the recognition of newly launched smartphones, and exports of computer systems and peripherals soared 104.8 % to $1.64 billion on sturdy demand for auxiliary storage gadgets.
However exports of shows and communications gear dropped 5.1 % and 28.7 % to $1.9 billion and $160 million, respectively.
By nation, mixed shipments to China and Hong Kong superior 22.6 % on-year to $9.18 billion, logging a achieve for the eleventh consecutive month as exports of chips and cell phones elevated.
Exports to the USA jumped 39.9 % to $3.04 billion on chips and computer systems, and exports to Vietnam expanded 8.7 % to $3.37 billion.
Outbound shipments to the European Union additionally rose 11.3 % to $1.06 billion, and exports to Japan added 2.3 % to $350 million. (Yonhap)
