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Exports for 2025 poised to surpass US$700 bln for 1st time on chip, auto shipments
Yonhap | English | News | Dec. 5, 2025 | UndeterminedTrade Issues and Numbers
South Korea's exports for 2025 are set to surpass US$700 billion for the first time, driven by strong shipments of semiconductors, automobiles, ships, and bio-health products, according to the Ministry of Trade, Industry and Resources. From January to November, exports already reached a record US$640.2 billion, exceeding the previous full-year record of $628.7 billion in 2022.
The ministry highlighted the diversification of export markets beyond the traditional focus on the United States and China, expanding into the Association of Southeast Asian Nations (ASEAN), the European Union, and other regions. Small and medium-sized enterprises (SMEs) also achieved a record $87.1 billion in exports in the first 11 months of 2025.
At the 62nd Trade Day ceremony, major companies including SK hynix, Hyundai Glovis, and HD Hyundai were recognized for their export achievements, with awards given for exports exceeding $35 billion, $6 billion, and $4 billion respectively. Industry Minister Kim Jung-kwan emphasized that these results reflect the country's industrial competitiveness and resilience, and pledged continued efforts to foster industrial innovation and expand K-culture exports, especially benefiting SMEs and local communities.