{"id":581097,"date":"2026-08-11T05:46:15","date_gmt":"2026-08-11T05:46:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/581097\/"},"modified":"2026-08-11T05:46:15","modified_gmt":"2026-08-11T05:46:15","slug":"exports-up-45-3-in-1st-10-days-of-aug-on-chips","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/581097\/","title":{"rendered":"Exports up 45.3% in 1st 10 days of Aug. on chips"},"content":{"rendered":"<p><img src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/08\/d60a6f09-dd8f-4cee-95f7-8ada0f8ecb09.jpg\" style=\"height: auto; aspect-ratio: 1920 \/ 1224; width: 100%\" alt=\"Containers are stacked at a port in the southeastern city of Busan, Thursday. Yonhap \" decoding=\"async\" loading=\"eager\" fetchpriority=\"high\"\/><\/p>\n<p>Containers are stacked at a port in the southeastern city of Busan, Thursday. Yonhap <\/p>\n<p class=\"editor-p\">Korea&#8217;s exports jumped 45.3 percent from a year earlier in the first 10 days of August, data showed Tuesday, on the back of strong global demand for memory chips.<\/p>\n<p class=\"editor-p\">Outbound shipments reached $21.3 billion in the August 1-10 period, compared with $14.6 billion tallied in the same period in 2025, according to the data from the Korea Customs Service.<\/p>\n<p class=\"editor-p\">It was the highest amount ever recorded for the first 10 days of August.<\/p>\n<p class=\"editor-p\">Imports went up 23.1 percent on-year to $19.5 billion over the cited period, resulting in a trade surplus of $1.8 billion.<\/p>\n<p class=\"editor-p\">By sector, exports of chips soared 155.4 percent to $9.95 billion, maintaining solid growth amid the global artificial intelligence (AI) boom, the latest data showed.<\/p>\n<p class=\"editor-p\">Chips accounted for 46.8 percent of the total exports over the period, up 20.1 percentage points from a year earlier.<\/p>\n<p class=\"editor-p\">Exports of petroleum products also shot up 65.3 percent to $1.99 billion.<\/p>\n<p class=\"editor-p\">Outbound shipments of automobiles, on the other hand, slid 80.9 percent to $182 million.<\/p>\n<p class=\"editor-p\">By destination, exports to China more than doubled to $6.7 billion, while those to Vietnam jumped 45.4 percent to $2.39 billion.<\/p>\n<p class=\"editor-p\">Exports to the United States, a vital trading partner, shed 0.2 percent to $2 billion.<\/p>\n<p class=\"editor-p\">Cumulative exports through Monday this year came to $616.3 billion, up 50.3 percent from a year earlier. The total trade surplus so far this year stands at $169.5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Containers are stacked at a port in the southeastern city of Busan, Thursday. Yonhap Korea&#8217;s exports jumped 45.3&hellip;\n","protected":false},"author":2,"featured_media":581098,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-581097","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/581097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=581097"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/581097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/581098"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=581097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=581097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=581097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}