基准韩国综合股价指数周五暴跌2.88%，至3150点左右，从多年高点回落，因为所有行业的广泛亏损和投资者的获利回吐在关税实施的第一天打压了市场情绪。主要拖累因素来自丰山公司（-15.36%）、斗山能源（-6.25%）、SK海力士（-6.03%）和KB金融集团（-4.06%）。韩国7月工厂活动连续第六个月收缩，增加了下行压力，标准普尔全球制造业采购经理人指数从6月的48.7降至48.0，因为产出和新订单都以更快的速度下降。另一方面，韩国7月份出口连续第二个月增长，出货量同比增长5.9%，达到608.2亿美元，半导体出口增长39.3%，汽车出货量增长8.8%，船舶出口激增107.6%。与此同时，进口小幅增长0.7%，至542.1亿美元，贸易顺差从6月份的90.8亿美元缩小至66.1亿美元。

The benchmark KOSPI plunged 2.88% to around 3,150 on Friday, pulling back from multi-year highs as broad-based losses across all sectors and profit-taking by investors weighed on sentiment following the first day of tariff imposition. Significant drags came from Poongsan Corporation (-15.36%), Doosan Enerbility (-6.25%), SK Hynix (-6.03%), and KB Financial Group (-4.06%). Adding to the downward pressure, South Korea's factory activity contracted for the sixth consecutive month in July, with the S&P Global Manufacturing PMI falling to 48.0 from 48.7 in June as both output and new orders fell at a sharper pace. On the flipside, South Korea's exports rose for the second straight month in July, as shipments climbed 5.9% year-on-year to $60.82 billion, while semiconductor exports jumped 39.3%, car shipments rose 8.8%, and ship exports surged 107.6%. Meanwhile, imports edged up 0.7% to $54.21 billion, narrowing the trade surplus to $6.61 billion from June's $9.08 billion.

韩国7月制造业进一步萎缩，标准普尔全球制造业采购经理人指数从6月的48.7降至48，标志着连续第六个月下降。由于国内需求日益疲软，产量和新订单下降幅度更大。因此，企业缩减了招聘和采购活动，而商业情绪三个月来首次转为负面。投入成本通胀也有所回升，平均成本负担以3月以来的最快速度上升。标普全球经济学家Usamah Bhatti表示：“产量和新订单的下降速度都比6月份更快。”。“轶事证据表明，国内经济疲软，再加上美国关税政策的影响。”

South Korea’s manufacturing sector contracted further in July, with the S&P Global Manufacturing PMI falling to 48 from 48.7 in June, marking the sixth straight month of decline. Output and new orders fell at sharper rates, driven by mounting weakness in domestic demand. As a result, firms scaled back hiring and purchasing activity, while business sentiment turned negative for the first time in three months. Input cost inflation also picked up, with average cost burdens rising at the fastest pace since March. “Both production volumes and new orders fell at a steeper rate than in June,” said Usamah Bhatti, Economist at S&P Global. “Anecdotal evidence points to a weakening domestic economy, compounded by the effects of US tariff policy.”

2025年7月，韩国出口同比增长5.9%，达到608亿美元的七个月高点，较上月4.3%的增长有所加快，超过了市场4.6%的增长预期。初步数据显示，这标志着出口连续第二个月增长，也是自去年12月以来的最快增速，主要得益于半导体出货量强劲。半导体出口同比增长31.6%，达到147.1亿美元，创下7月份的历史新高。

Exports from South Korea increased 5.9% year-over-year to a seven-month high of USD 60.8 billion in July 2025, accelerating from a 4.3% rise in the previous month and surpassing market forecasts of a 4.6% increase. This marked the second consecutive month of export growth and the fastest pace since last December, mainly driven by robust semiconductor shipments, according to preliminary data. Semiconductor exports surged 31.6% yoy to USD 14.71 billion, marking a record peak for any July.

初步数据显示，2025年7月，韩国的贸易顺差从去年同期的36.2亿美元增至66.1亿美元，超过了市场预期的53.6亿美元，因为出口增长超过了进口。出口同比增长5.9%，达到608亿美元的七个月高点，超过了市场4.6%的增长预期，比上月4.3%的增长有所加快。这标志着自去年12月以来的最快速度，主要得益于强劲的半导体出货量。与此同时，7月份进口增长0.7%，低于6月份3.3%的增长，低于市场预期的2.0%的增长。

South Korea's trade surplus increased to USD 6.61 billion in July 2025, up from USD 3.62 billion in the same month a year earlier, and surpassed market expectations of USD 5.36 billion, as exports rose more than imports, preliminary data showed. Exports grew 5.9% year-on-year to a seven-month high of USD 60.8 billion, exceeding market expectations of 4.6% growth and accelerating from a 4.3% rise in the previous month. This marked the fastest pace since last December, mainly driven by robust semiconductor shipments. Meanwhile, imports rose 0.7% in July, slowing from a 3.3% gain in June and falling short of market expectations for a 2.0% increase.