Containers for export are stacked at a port in Pyeongtaek, around sixty kilometers south of Seoul, South Korea, 22 February 2026. Photo by YONHAP /EPA
May 1 (Asia Today) — South Korea’s exports rose 48% from a year earlier in April, staying above $80 billion for the second consecutive month, government data showed Friday.
Exports totaled $85.89 billion, the second-highest monthly figure on record after $86.6 billion in March, according to the Ministry of Trade, Industry and Energy.
The increase was driven by strong semiconductor shipments, which surged 173.5% to $31.9 billion on rising demand tied to artificial intelligence. Chip exports exceeded $30 billion for the second straight month and set an April record.
Daily average exports, adjusted for working days, rose 48% to $3.58 billion, staying above $3 billion for a third consecutive month.
Auto exports fell 5.5% to $6.17 billion due to logistics disruptions from the Middle East, U.S. tariff effects and expanded overseas production. Exports of electric and hybrid vehicles continued to grow.
Petroleum product exports rose 39.9% to $5.11 billion by value due to higher oil prices, though shipment volume dropped 36% because of export controls on gasoline, diesel and kerosene.
Petrochemical exports increased 7.8% to $4.09 billion, while shipment volume fell 20.9% as companies expanded domestic supply.
Computer exports jumped 515.8% to $4.08 billion, and wireless communication device exports rose 11.6% to $1.62 billion.
By destination, exports to China rose 62.5% to $17.7 billion, marking six straight months of gains. Shipments to the United States increased 54% to $16.33 billion, while exports to the Association of Southeast Asian Nations rose 64% to $15.41 billion.
Exports to the European Union increased 8.5% to $7.19 billion. Shipments to the Middle East fell 25.1% to $1.27 billion due to logistics disruptions.
Imports rose 16.7% to $62.11 billion. Energy imports increased 7.5% to $10.61 billion, while non-energy imports rose 18.8% to $51.51 billion.
South Korea posted a trade surplus of $23.77 billion in April, extending its surplus streak to 15 months.
— Reported by Asia Today; translated by UPI
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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260501010000017