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Korea's October Exports Hit Record $115.3 Billion

South Korea's exports jumped 93.7 percent to a record $115.3 billion in October from a year earlier, driven largely by a sharp increase in semiconductor shipments, data showed Sunday. Strong global demand for semiconductors, particularly for AI applications, fueled the surge, with October exports surpassing $110 billion for the second consecutive month and topping $900 billion for the first time in the January-October period, according to reports from Yonhap, Korea Times, and KBS World. DRAM prices also reached a new record high in October, while NAND flash maintained its highest price, per Business Korea. Korean media outlets uniformly frame this as a historic milestone, emphasizing the role of AI-driven chip demand in propelling the export boom, though some reports note broader market volatility, including a $2 trillion Nasdaq wipeout amid AI spending fears.

  1. Korea's monthly exports hit $115.3 bil. in Oct. on strong chip sales Korea Times · 2026-11-01
  2. (URGENT) S. Korea's monthly exports hit US$115.3 bln in October Yonhap · 2026-11-01
  3. October Exports Hit Second-Highest Monthly Total on Record KBS World · 2026-11-01
  4. S. Korea's monthly exports hit US$115.3 bln in Oct. on record chip sales Yonhap · 2026-11-01
  5. (2nd LD) S. Korea's monthly exports hit US$115.3 bln in Oct. on strong chip sales Yonhap · 2026-11-01
  6. (LEAD) S. Korea's monthly exports hit US$115.3 bln in Oct. on strong chip sales Yonhap · 2026-11-01
  7. DRAM Prices Reach New Record in October Business Korea · 2026-10-30
  8. Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen Korea Times · 2026-10-31

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