South Korea's Q3 Exports Surge 72.3% YoY, but Top 10 Firms Control 60.9% of Total

According to the National Data Processing Service and Customs Administration, South Korea's exports in Q3 2026 reached $318.6 billion, up 72.3% year-over-year. However, the trade concentration of the top 10 exporting companies rose sharply to 60.9% from 40.5% in the same period last year, an increase of 20.3 percentage points.

Large enterprises led the export growth with a 103.5% increase, while mid-sized firms grew 12.8% and small businesses only 10.7%. The top 100 companies accounted for 79.4% of total exports, up from 67.9% a year ago. Despite rapid export growth, the number of exporting companies increased just 0.3% to 69,988 firms.

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