South Korea's Q3 export concentration deepened further, with the semiconductor share nearing half.

on November 11, in the third quarter of this year, the concentration of exports in South Korea deepened further. Driven by the boom in the semiconductor industry, the gap between large enterprises and small and medium-sized enterprises has widened. The top ten Korean exporters accounted for over 60% of total exports, marking the first time since records began in 2010.

According to data released by relevant authorities on Tuesday, South Korea's third-quarter export total surged 72.3% year-on-year to $318.6 billion, setting a quarterly record high since records began in 2015. In terms of company size, exports from large enterprises grew significantly by 103.5%, primarily driven by semiconductor manufacturers such as Samsung Electronics and SK Hynix. In contrast, exports from small and medium-sized enterprises increased by only 12.8% and 10.7%, respectively. During the third quarter, semiconductor exports soared 219% year-on-year to reach $148 billion, accounting for 46.5% of total exports, up from 25.1% in the same period last year. (Jin10)