Introduction: Last month, according to foreign media reports, the demand for consumer electronics products declined and the demand for storage chips also declined. As a result Three consecutive months decreased year -on -year.
According to the news on December 2, according to foreign media reports, South Korean semiconductor exports, which have fallen year -on -year for three consecutive months, still declined year -on -year in November, and also declined significantly from the previous month.
Looking back at the feedback of last month, although the exports of Korean semiconductor products have fallen year -on -year for three consecutive months, their semiconductor products are still considerable this year.
According to data from the South Korean Trade Association earlier, the export volume of South Korean semiconductor products has reached US $ 102.5 billion in the first three quarters of this year. On average, Korean semiconductor products have reached $ 11.389 billion per month.
However, data released by the Ministry of Trade, Industry and Energy at the beginning of last month showed that the exports of South Korean semiconductor products fell 17.4%year -on -year to US $ 9.23 billion, and it was not as good as US $ 11.49 billion in the previous month.
At that time, it was believed that if the exports of Korean semiconductor products could not be increased in November and December, the exports of semiconductor products this year may be less than $ 130 billion.
In fact, the latest data released by the Ministry of Trade, Industry and Energy on Thursday showed that the exports of South Korean semiconductor products in November fell 29.8%year -on -year to $ 8.45 billion.
Judging from the news released by South Korea, the exports of their semiconductor products in November fell sharply year -on -year because of the decline in demand and the decline in chip prices.
Continue to decline in November, which means that the decline in South Korean semiconductor exports since August this year is still continuing.
In August of this year, the export volume of South Korean semiconductor fell again after 26 months, fell to US $ 10.78 billion, a year -on -year decrease of 7.8%; September 11.49 billion US dollars, although the month -on -month increase, but still decreased by 5.7%year -on -year; in October It was a sharp decline in both year -on -year, of which 17.4%year -on -year decreased to $ 9.23 billion.
The export volume in November fell to $ 8.45 billion, which also means that the probability of exports of South Korean semiconductor products this year is increasing. As mentioned above, data from the South Korean Trade Association shows that the export volume of South Korean semiconductor products in the first three quarters of this year was US $ 102.5 billion, which was counted as US $ 9.23 billion in October and 8.45 billion U.S. dollars in November. Dollar.
As we all know, the semiconductor exported to South Korea is mainly storage chips. They have the two major storage chip manufacturers of Samsung Electronics and SK Hynix. Semiconductors are important export products in South Korea. The proportion of their exports is about 20%. The export of semiconductor products has an important impact on their overall export status.
According to South Korea's "Asian Economy" report, at the end of last month, statistics released by the South Korean Trade Association showed that the export volume of South Korea's semiconductor in China in the first nine months of this year was US $ 420.025 billion, accounting for 40.6%of the overall export value to China, an increase of 1.3 year -on -year increased by 1.3 year -on -year A percentage point deepen the dependence on the export of China semiconductor. It is reported that in South Korea's trade with China, semiconductor exports accounted for 44.2%in 2015, and fell to 38.9%the following year. Since then, it has been hovering around 40%.
Data show that in the first nine months of this year, the proportion of South Korea's exports to the United States accounted for the total exports of the United States. Although the proportion of exports to Singapore (4.3%) and EU (3%) has increased, the increase is about 1%.
According to Yonhap News Agency, some Korean experts believe that the excessive export dependency of semiconductor products to China is the main reason for the decrease in the overall export of semiconductor this year. Since the beginning of this year, the increase in single -monthly semiconductor exports in South Korea has continued to decline. From August to negative growth, the cumulative semiconductor export volume in the first nine months has decreased significantly by 19.1%year -on -year.
During the same period, South Korea's export of semiconductors in China decreased by 16.3%, mainly due to the decrease in demand for semiconductors in China, which triggered weak memory semiconductor prices.