The Ministry of Trade, Industry and Energy announced that exports in June reached $102.25 billion, a 70.9% increase compared to the same month last year.

This marks the first time in history that monthly exports have surpassed the $100 billion mark.

South Korea has become the fourth country in the world to achieve $100 billion in monthly exports, following Germany, China, and the United States.

While semiconductors, the nation's flagship product, led the overall export growth with a performance exceeding $40 billion, the trade surplus was also recorded to have surpassed $30 billion for the first time.