[Preliminary Export Figures] Exports at $33.5 Billion for November 1-10... Semiconductors Accounted for Nearly Half

South Korea's exports for November 1–10 reached $33.46 billion, up 111.9% from $15.79 billion a year earlier, according to Korea Customs Service preliminary data. Semiconductor exports totaled $16.63 billion, surging 331.2% year-on-year and accounting for 49.7% of total shipments, up from 24.4% a year ago. Petroleum products rose 100.7% to $2.01 billion, steel products gained 38.8% to $1.2 billion, while passenger car exports fell 4.3% to $1.47 billion. Shipments to China and the United States both increased sharply, underscoring the outsized role of chips in Korea's trade recovery. The concentration in semiconductors leaves Korea's export outlook highly sensitive to memory pricing and AI-driven demand, making upcoming monthly trade figures and chip shipment trends the key indicators to watch.