Business

Top 10 Korean businesses account for more than half of exports in Q1

May 23, 2026

Seoul [South Korea], May 23: Korea's top 10 businesses accounted for more than half of the country's total exports in the first quarter of 2026, data showed, driven by robust semiconductor shipments.
According to a report released by the Ministry of Data and Statistics, the leading companies accounted for 50.1% of all outbound shipments in the January to March period, soaring from 36.6% a year earlier.
Korea's exports for the first quarter totaled $219.9 billion, up 37.8% from a year earlier.
Large conglomerates saw their export volume rise 52.9% over the period to $158.5 billion, while medium-sized businesses posted a more modest 7.4% increase in outbound shipments to $31.3 billion, Yonhap News Agency reported, citing the official data.
Exports by small businesses climbed 10.7% to $29.1 billion, the findings showed.
Source: Emirates News Agency

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