Exports from South Korea grew 1.3% year-on-year to USD 58.4 billion in August 2025, easing from a downwardly revised 5.8% rise in the previous month and falling short of market forecasts for a 3% increase, according to preliminary data. The weaker growth was partly due to the impact of new US tariffs, with shipments to the US falling 12% year-on-year. This marked the third consecutive month of export growth, though it was the softest pace in the sequence, mainly supported by strong semiconductor shipments. Semiconductor exports — the country’s main export item — surged 27.1% yoy to a record high of USD 15.1 billion. Exports of cars rose 8.6%, while ship exports climbed 11.8%. Among major trading partners, exports increased to Taiwan (up 39.3%), the ASEAN region (11.9%), and the Middle East (1%). By contrast, exports to China — South Korea’s largest trading partner — declined by 2.9%. At the end of July, the US announced a deal to impose a 15% tariff on South Korean goods. source: Ministry of Trade, Industry & Energy (MOTIE)
Exports YoY in South Korea decreased to 1.30 percent in August from 5.80 percent in July of 2025. Exports YoY in South Korea averaged 15.75 percent from 1967 until 2025, reaching an all time high of 148.58 percent in October of 1973 and a record low of -35.77 percent in January of 2009. This page includes a chart with historical data for South Korea Exports YoY. South Korea Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.