📊Executive Summary

In Q3 2025, Chungbuk province in South Korea experienced its highest export growth rate in 14 years, driven primarily by a significant increase in semiconductor exports. The region's exports reached $8.61 billion, marking a 36.8% year-over-year increase, largely attributed to a 90.3% rise in semiconductor exports, particularly high-performance memory chips from SK Hynix. This surge is linked to strong global demand for AI-related technologies, with increased prices for DRAM and NAND contributing to higher export values. Other sectors, such as automotive parts and battery materials, also saw substantial growth, although some categories like batteries and pharmaceuticals faced declines. The trade association emphasized the resilience of Chungbuk's semiconductor sector amid challenging trade conditions, including U.S. tariffs....