How much did South Korea export in ICT products in October, and how much of total exports did that represent?

ICT exports totaled $70.35 billion, compared with $23.29 billion a year earlier. They accounted for 61 percent of South Korea’s total exports of $115.28 billion, keeping the share above 60 percent for three consecutive months.

What drove South Korea’s October semiconductor export surge?

Semiconductor exports climbed 259.4 percent year on year to $56.47 billion. The increase was driven by strong global demand for premium memory products and persistently high memory prices.

ICT exports log record-high growth in Oct. amid AI boom

Q: Which markets recorded the largest increases in South Korea’s October ICT exports?

Exports to China more than tripled to $27.2 billion, with gains in semiconductors and computers. Shipments to the United States grew more than sixfold to $15.56 billion.

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Summary

South Korea’s ICT exports more than tripled year on year to $70.35 billion in October, driven by the global AI boom. The total was the second-highest monthly figure on record, below September’s $75.1 billion. ICT products made up 61 percent of the country’s $115.28 billion in exports, remaining above 60 percent for a third consecutive month.

Key Facts

Semiconductor exports rose 259.4 percent year on year to $56.47 billion, supported by demand for premium memory products and persistently high memory prices.
Exports of computers and accessories reached $5.99 billion, growing more than fivefold from a year earlier as demand for high-capacity server SSDs increased.
Mobile phone exports rose 6.5 percent to $1.71 billion, supported by strong sales of premium models.
ICT exports to China more than tripled to $27.2 billion, while shipments to the United States grew more than sixfold to $15.56 billion.

By Yonhap

Published Nov 15, 2026 12:19 pm KST

Containers are stacked at a port in Busan, July 24. Korea Times file

South Korea's exports of information and communication technology (ICT) products rose at the sharpest pace on record from a year earlier in October, data showed Sunday, driven by the global artificial intelligence (AI) boom.

Outbound shipments of ICT products came to $70.35 billion in October, more than tripling from $23.29 billion a year earlier, according to data compiled by the Ministry of Science and ICT.

The figure also marked the second-highest monthly total on record, just below the $75.1 billion posted in September.

The report also showed ICT exports accounted for 61 percent of the country's total outbound shipments of $115.28 billion in October, with the proportion remaining above 60 percent for three consecutive months.

Exports of semiconductors shot up 259.4 percent on-year in October to $56.47 billion, driven by strong global demand for premium memory products and persistently high memory prices.

Outbound shipments of computers and accessories also reached $5.99 billion in October, growing more than fivefold from a year earlier, led by high-capacity solid-state drives (SSDs) for servers.

Exports of mobile phones rose 6.5 percent to $1.71 billion on the back of strong sales of premium models.

By destination, exports to China more than tripled to $27.2 billion, driven by gains in semiconductors and computers. Shipments to the United States also grew more than sixfold to $15.56 billion, the report showed.

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