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March Exports Surge 50% Driven by Semiconductor Demand

3/23/2026

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Story summary
  • Exports in the first 20 days of March 2026 rose 50% to $53 billion, led by semiconductor demand.
  • Semiconductor exports nearly doubled to $19 billion.
  • Automobile exports reached $4 billion.
  • Imports rose 20% to $41 billion.
  • Exports to China and the United States rose 69% and 57.8%, respectively, and the Bank of Korea is expected to raise interest rates due to inflation concerns.