Korea Customs Declares Crackdown on Surging Silver Smuggling

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By Kwon Uk
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null - Seoul Economic Daily Society News from South Korea

Korea Customs Service (KCS) officials displayed seized smuggled silver at the Incheon Airport Customs export-import clearance building in Jung-gu, Incheon, on Wednesday, ahead of a briefing on intensive enforcement measures in response to a sharp rise in silver smuggling.

The value of silver smuggling cases detected in the first quarter of 2026 (January–March) reached 4.56 billion won ($3.3 million), more than 2.7 times the 1.69 billion won recorded for all of 2025, according to KCS.

null - Seoul Economic Daily Society News from South Korea
null - Seoul Economic Daily Society News from South Korea
null - Seoul Economic Daily Society News from South Korea

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.