South Korea's October Exports Hit a Record, Up Nearly 94% Year on Year
South Korean exports rose 93.7% year on year in October 2026 to a record $115.3 billion, according to preliminary data reported by TradingView.
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what happened
According to preliminary data reported by TradingView, South Korea's exports jumped 93.7% year on year in October 2026 to a record $115.3 billion. Analysts had expected a rise of 93.2%. September's growth, after a slight revision, stood at 83.7%.
This is the fastest pace of increase since January 1974. The main driver, the data showed, was strong demand for memory chips.
why it matters
Strong export figures matter for the won and for shares of South Korean chipmakers, since semiconductors make up a significant share of the country's export revenue. Solid memory demand supports revenue expectations for exporters, but a single month's jump does not guarantee that the pace will last.
market impact
South Korean won and chip stocks: strong exports support the currency and chipmakers
- South Korean won pressure up — strong exports bring more foreign currency into the country
- South Korean chipmaker shares pressure up — high demand for memory chips supports revenue
tags
instruments
sources
- South Korea Exports Exports Hit New High in October — TradingView, 1 November 2026 at 00:11 UTC
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