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Annual 1 trillion dollar in exports is now within sight.

Annual 1 trillion dollar in exports is now within sight.

Annual export trends / Graphic=Im Jong-cheol
Annual export trends / Graphic=Im Jong-cheol

This year's export performance has already shattered all-time records. The 'annual 1 trillion dollar in exports' achieved by only three countries worldwide is now within sight.

According to the Korea Customs Service on the 6th, as of 1 p.m. yesterday, exports for this year reached $709.4 billion. This exceeds last year's full-year performance ($709.3 billion). The government expects to surpass 1 trillion won in exports this year. Only three countries—the United States, China, and Germany—have recorded annual exports exceeding 1 trillion won. A boom in the semiconductor industry has driven up export figures. From January to August this year, semiconductor exports totaled $281.2 billion, a 2.7-fold increase compared to the same period last year. Notably, June saw monthly exports exceed $100 billion for the first time in history.

"Please note that this article has been automatically translated by AI, and minor discrepancies from the original text may occur due to machine translation limits."