2026.08.0100:00:00UTC+00South Korea’s Export Growth Cools in July, Easing from June’s Surge

South Korea’s export momentum eased in July 2026, with year-over-year growth slowing to 62.8%, down from a revised 70.7% in June 2026. The figures, updated on 1 August 2026, reflect a moderation after an exceptionally strong performance in the previous month.

Both readings compare each month’s export performance with the same month a year earlier. June’s indicator showed exports were 70.7% higher than in June of the previous year, while July’s 62.8% still indicates robust annual growth but at a reduced pace. The latest data suggest that, although external demand remains strong, the peak acceleration in South Korean exports may be behind it as the growth rate normalizes from June’s standout surge.