Overthrow the United States，China becomes South Korea's largest exporter once again！

 

　　this year1to7month，Accumulated exports from South Korea to China748USD100mn，China has once again replaced the United States as South Korea's largest export destination。Although the trade friction between China and the United States has triggered supply chain restructuring，But South Korea has a strong interest in China's storage semiconductors、Wireless communication equipment components, etcITIncrease in intermediate product exports，Promote a strong rebound in South Korea's exports to China，1to7Monthly cumulative exports to China surpass exports to the United States。

 

　　According to statistics released by the General Administration of Customs of China，In the first half of this year，South Korea's share in China's total imports6.7%，Second only to Taiwan（7.6%）rank second。the republic of korea2021Year to Year2022Year has always been the second largest source of imports for China，2023Year by year by the United States（6.5%）Overthrow and retreat to third place，Returning to second place in the first half of this year。

 

　　The report suggests that，Given that the positive momentum of the semiconductor industry is expected to continue into the second half of the year，It is expected that South Korea's exports to China will also maintain a recovery momentum。

 

　　however，South Korean semiconductor exports to China may be affected by US policies。since2022year10Since the United States imposed restrictions on the export of advanced semiconductor equipment to China，The United States has been pressuring its allies to adopt the same restrictive measures。Due to the huge investment of South Korean semiconductors in China，Last year, the United States decided to extend its support for Samsung Electronics andSKThe exemption period for importing American chip equipment into Hynix's factory in China。

 

　　Bloomberg reported that，The United States demands that South Korea strengthen its semiconductor export controls to China，Including comparison14Nano more advanced logic chips and comparison18Nanotechnology is more advancedDRAMWaiting for products。Insiders revealed that，The United States may be9At the end of the month, high bandwidth storage devices produced in South Korea will be released（HBM）Inclusion in China's chip control targets。HBMIt's manufacturingAIImportant components of accelerator，Mainly composed of Samsung Electronics、SKHynix and Micron Storage Supply。

 

　　Although the South Korean government remains cautious before the official announcement by the United States，But it is believed that due to the relatively low proportion of advanced semiconductor products exported to China，Even if the United States introduces new sanctions，The impact will also be limited。