--- title: South Korean Exports Signal Memory Demand Growth description: South Korean Exports Signal Memory Demand Growth image: https://pages.supplyframe.com/hubfs/Blog/5.png --- [![large-Supplyframe-Logo-web](https://pages.supplyframe.com/hs-fs/hubfs/large-Supplyframe-Logo-web.png?width=204&height=44&name=large-Supplyframe-Logo-web.png)](https://supplyframe.com/) [![Contact](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7283073/ca0536c0-b32a-42e2-8621-61c35fb59ad0.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/7283073/ca0536c0-b32a-42e2-8621-61c35fb59ad0) # IQ Insider *Powered by Commodity IQ* [![Subscribe to IQ Insider](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/7283073/68076d51-a4ec-43f5-9244-024375c6873b.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/7283073/68076d51-a4ec-43f5-9244-024375c6873b) ## [South Korean Exports Signal Memory Demand Growth](https://pages.supplyframe.com/ciq/south-korean-exports-signal-memory-demand-growth) Dec 1, 2023, 12:46:30 PM / by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) - [Tweet](https://twitter.com/share) The South Korean Ministry of Trade, Industry, and Energy, alongside the Ministry of Science and ICT, reported that its ICT (information and communications technology) exports surpassed imports for the first time in almost a year and a half. With memory ICs being an essential portion of the country's ICT exports, the October upswing represents a reversal in memory demand—the Commodity IQ H1 2024 forecast for high-end memory points to continued price increases and some availability constraints as a result.  #### Written by [Supplyframe](https://pages.supplyframe.com/ciq/author/supplyframe) supplyframe --- - [**Recent**](https://pages.supplyframe.com/ciq/south-korean-exports-signal-memory-demand-growth#tab-1) # About Us Use this little footer to reinforce your message about who you are and why people love working with you. And since this is a global module, you only have to edit it once to make the changes across every page it appears on. [Learn More](https://www.hubspot.com) # Links # Contact Us (626) 793-7732 [yourname@company.com](mailto:yourname@company.com) 61 S Fair Oaks Ave Suite 200 Pasadena, CA 91105 Copyright © 2026 [Supplyframe](https://supplyframe.com/) Accessibility [Privacy Policy](https://sfcomdev.wpengine.com/privacy-policy/) [Terms of Service](https://sfcomdev.wpengine.com/terms/) ![](https://px.ads.linkedin.com/collect/?pid=1972124&fmt=gif)