South Korea's export concentration intensified in Q3 as semiconductor strength widened the gap between large and smaller firms, government data released Tuesday showed. Q3 goods exports rose 72.3% YoY to $318.6bn, the highest quarterly level since 2015. The top 10 exporters accounted for over 60% of exports, the highest share since records began in 2010. Large firms' exports climbed 103.5%, led by Samsung Electronics and SK Hynix; small- and mid-sized firms' exports rose only 12.8% and 10.7%. Se

South Korea's export concentration intensified in Q3 as semiconductor strength widened the gap between large and smaller firms, government data released Tuesday showed. Q3 goods exports rose 72.3% YoY to $318.6bn, the highest quarterly level since 2015. The top 10 exporters accounted for over 60% of exports, the highest share since records began in 2010. Large firms' exports climbed 103.5%, led by Samsung Electronics and SK Hynix; small- and mid-sized firms' exports rose only 12.8% and 10.7%. Semiconductor exports jumped 219% YoY to $148.0bn, or 46.5% of total exports, up from 25.1% a year earlier.