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Year-to-date shipments totaled $709.4 billion as of September 5, establishing a new record for the country's combined trade volume for the period. August growth was bolstered by a 119% increase in exports to China and a 419% surge in shipments of computer-related products.
Semiconductor exports jumped 209% year-over-year to $46.7 billion in August due to AI and data center investments. South Korea has maintained annual growth above 40% for seven straight months, with August shipments to the US, India, and the EU rising 89.3%, 47.3%, and 14.6% respectively.
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