Q3 Exports Hit Record High on Semiconductor Boom; Large and Mid-Sized Firms Post Best Ever
Creatrip Team
4 months ago
South Korea’s exports reached a record $185 billion in Q3, up 6.5% year‑on‑year, driven mainly by a semiconductor-led boom in capital goods and strong auto (consumer goods) shipments. Both large and mid‑sized firms recorded all‑time high export figures, while small firms posted their third‑best performance. Despite rising US tariff threats, companies succeeded by diversifying markets—exports fell to the US and China but rose sharply to Southeast Asia, the EU27, and the CIS. The top‑10 exporters’ share of total exports hit 40.0%, another historic high, reflecting the outsized role of major semiconductor exporters.
