South Korea's Ministry of Industry, Trade and Resources said on Monday that South Korea's exports exceeded 700 billion US dollars for the first time this year. As of 12:30 a.m. on Monday, South Korea's exports had reached the $700 billion milestone. As the fourth largest economy in Asia, South Korea's exports reached a record high of US$683.6 billion in 2024, up 8.1% year over year. The cumulative export value for January-November of this year was US$641 billion. The full month data for December will be released on Thursday.

South Korea's Ministry of Industry, Trade and Resources said on Monday that South Korea's exports exceeded 700 billion US dollars for the first time this year. As of 12:30 a.m. on Monday, South Korea's exports had reached the $700 billion milestone. As the fourth largest economy in Asia, South Korea's exports reached a record high of US$683.6 billion in 2024, up 8.1% year over year. The cumulative export value for January-November of this year was US$641 billion. The full month data for December will be released on Thursday.