{
  "id": 13835959,
  "title": "Exports double in first 10 days of October on chips",
  "url": "https://urgent.news/2026/10/12/exports-double-in-first-10-days-of-october-on-chips-13835959",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T01:02:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261012/exports-double-in-first-10-days-of-october-on-chips"
  },
  "original_language": "en",
  "account": "In the first 10 days of October, South Korea's exports more than doubled compared to the same period a year earlier, according to customs data released on Monday. The surge in outbound shipments reached $26.1 billion, shattering the previous record of $15.3 billion set in October 2025. The daily average export total skyrocketed to $4.75 billion, also setting a new record for any 10-day period. Imports climbed 65.5 percent year-on-year to $22.3 billion, resulting in a trade surplus of $3.8 billion.\n\nThe semiconductor industry played a significant role in the export boom, with shipments of chips surging an astonishing 170.9 percent to $12.1 billion. Petroleum products saw a 45.6 percent increase, reaching $1.75 billion. Car exports also rose by 82.7 percent to $1.21 billion, while steel product shipments climbed 49.4 percent to $1 billion. However, ship exports declined by 13.4 percent to $682 million.\n\nChina remained the top destination for South Korean exports, with shipments to the country soaring 167 percent to $7.59 billion. The United States also witnessed a notable increase in exports, with exports to the country jumping 159.9 percent.",
  "summary": "Korea's exports more than doubled from a year earlier during the first 10 days of October, customs data showed Monday, on the back of the global semiconductor upcycle. Outbound shipments reached $26.1 billion in the Oct. 1-10 period, according to the data from the Korea Customs Service. It marked the highest export value for the period, surpassing the previous record of $15.3 billion set in the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) Exports double in first 10 days of October on chips",
        "url": "https://urgent.news/2026/10/12/lead-exports-double-in-first-10-days-of-october-on-chips",
        "published": "2026-10-12T00:21:51.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Exports double in first 10 days of October on chips",
        "url": "https://urgent.news/2026/10/12/exports-double-in-first-10-days-of-october-on-chips",
        "published": "2026-10-12T00:42:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}