South Korea's exports this year have surpassed $700 billion for the first time, the trade ministry said on Monday.
The milestone of $700 billion was hit as of 0403 GMT on Monday, the ministry said.
Exports from Asia's fourth-largest economy recorded an all-time high of $683.6 billion in 2024, up 8.1% from a year earlier.
Exports stood at a cumulative $640.1 billion for the January-November period. Data for the full month of December will be reported on Thursday.
Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.
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