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macroJul 3, 2026, 8:14 PM

South Korea Exports Hit Record ~$270B in Q2 2026 on AI Demand

South Korea's exports surged to a record ~$270 billion in Q2 2026, led by a 199.5% YoY jump in semiconductor shipments as AI and data center investments fuel demand.

South Korea's export sector posted a historic quarter, reaching an estimated $270 billion in Q2 2026, according to data highlighted by The Kobeissi Letter. June exports alone soared 59.5% year-over-year, accelerating from a 53.4% gain in May.

Key drivers:

  • Semiconductor exports surged 199.5% YoY to $44.8 billion, powered by AI and data center buildouts.
  • Computer-related product shipments jumped 308.8% YoY.
  • Petroleum product exports rose 49.8% YoY.

The data underscores how the AI revolution is transforming South Korea into an export powerhouse, with technology and energy sectors both benefiting from the global demand surge.

Source: The Kobeissi Letter