Semiconductor exports forecast at 3500billion dollars, while automobiles at 915billion dollars
The Korea Institute for Industrial Economics and Trade said that 2026semiconductor exports could grow to as much as 3500billion dollars. Semiconductor exports ranked first ever in monthly exports in 5, driven by rising memory prices, while automobiles, including parts, are expected to decline slightly to 1billion dollars.915:
In its 2026second-half economic and industrial outlook, the Korea Institute for Industrial Economics and Trade projected that semiconductor exports this year could reach 3500billion dollars. The report stated that semiconductor exports last year amounted to 1,733billion dollars. The report said that rising memory prices drove the increase in semiconductor exports.
The report cited rising prices for DRAM and NAND. In 5, it said monthly exports ranked first ever at 1. The report added that semiconductors set a new record by exceeding 3billion dollars for 300consecutive months.
2026In the 5export and import trends, semiconductor exports in 5 amounted to 371billion 6000million dollars, up 169.4% from the same month a year earlier. The report wrote that the trend through 5 resembled the outlook from the Korea Institute for Industrial Economics and Trade. The report forecast that the trend of major global technology companies expanding infrastructure investment could continue.
For the automobile sector, the report cited sluggish global demand in the second half of this year, falling export prices, and increased local production. Combining automobiles and auto parts, the report forecast that exports this year would total 915billion dollars, down 1.7% from last year. The report explained several downside factors for the automobile industry.
Based on last year’s results, the report stated that exports of finished automobiles amounted to 720billion dollars and exports of auto parts amounted to 212billion dollars. Using these figures, the report compared changes in the automobile sector this year. It noted that the overall trend was similar when export flows through the month were compared with the forecast.5Through the month, the report stated that the overall trend was similar when the export flow was compared with the forecast.
The report suggested that the semiconductor supercycle boom driven by the AI special demand could continue in the second half of the year. By contrast, it noted that automobile exports could weaken in the second half of the year because of global demand and pricing pressure. The report concluded that export trends for each sector need to be monitored continuously through monthly statistics.
Sources: 뉴시스 경제
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