Chungnam's Exports Reach $68.2 Billion from January to September... No.1 Trade Surplus in Korea

Up 17.7% Year-on-Year... Highest in 21 Months

This year, Chungnam's export volume has shown signs of recovery, regaining its position as the second highest in the nation.

According to the province on the 23rd, cumulative exports from January to September reached $68.2 billion, a 17.7% increase compared to the same period last year.

In particular, September's export volume was $8.784 billion, marking the highest monthly figure since September 2022.

Due to the global economic downturn and sluggish semiconductor sales, the province lost its second-place export ranking to Ulsan last year. However, through consistent overseas marketing support initiatives, it reclaimed the second spot after 21 months.

Among the top 20 import and export items, memory semiconductors recorded the highest cumulative export value at $24.5 billion. This represents a 76.2% year-on-year increase, driven by new smartphone launches and expanded investments in artificial intelligence (AI) servers.

Cumulative imports reached $31.3 billion, a 3.5% increase due to higher imports of key items such as crude oil and naphtha.

As a result, the trade surplus rose by $5.4 billion to $36.9 billion, maintaining the top position nationwide.

Yoon Jooyoung, Director of Investment and Trade Policy for the province, stated, "We will complete the establishment of overseas offices in seven countries, including the United States and China, within the year to serve as a bridgehead for local companies to enter foreign markets," adding, "We will continue to support overseas marketing to sustain the upward trend in exports."

This content was produced with the assistance of AI translation services.