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Korea's export boom widens conglomerate-SME gap

Korea's export surge in the third quarter was driven almost entirely by large corporations, widening the gap with smaller firms. The top 10 exporters accounted for a record 60% of Q3 exports, up sharply from a year earlier, fueled by strong semiconductor demand, Yonhap and the Korea Times report. KBS World adds that top companies' exports more than doubled year-on-year, while the Korea Times notes much of the overall 70% export growth was concentrated among a handful of major firms, leaving smaller businesses behind. Korean reactions focus on the structural imbalance: bloggers and café members express concern that the boom benefits only big conglomerates, with some noting the record concentration signals a deepening divide in the economy.

  1. Korea's export boom masks widening gap between large, small firms Korea Times · 2026-11-10
  2. Top 10 firms account for a record 60% of Korea’s Q3 exports Hankyoreh
  3. Conglomerates’ Q3 Exports More than Double Year-on-Year Thanks to Semiconductors KBS World · 2026-11-10
  4. Top 10 firms take up over 60% of Korea's exports in Q3 amid chip boom Korea Times · 2026-11-10
  5. Top 10 firms take up over 60 pct of S. Korea's exports in Q3 amid chip boom Yonhap · 2026-11-10

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