Survey: South Korea’s June export growth is expected to be the fastest in nearly 50 years, driven by strong chip sales

Jinse Finance reported that on June 29, a survey published by Reuters showed that South Korea's export growth rate in June is likely to be the strongest in nearly fifty years, as the global artificial intelligence (AI) investment boom has driven semiconductor shipments to record highs. According to the median estimate of 13 economists in the Reuters survey, South Korea's exports in June are expected to increase by 61.0% year-on-year. This will exceed May’s 53.4% increase and mark the fastest growth rate since October 1978. South Korea’s exports have continued to grow since June 2025, with the growth rate accelerating to double digits since December. The growth in exports mainly benefits chip manufacturers such as Samsung Electronics 005930.KS and SK Hynix 000660.KS, as the global AI investment boom has pushed up their chip prices.