{"id":691148,"date":"2026-05-24T19:08:17","date_gmt":"2026-05-24T19:08:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/691148\/"},"modified":"2026-05-24T19:08:17","modified_gmt":"2026-05-24T19:08:17","slug":"top-5-firms-account-for-44-of-koreas-exports-in-q1-data","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/691148\/","title":{"rendered":"Top 5 firms account for 44% of Korea’s exports in Q1: data"},"content":{"rendered":"

\"Containers<\/p>\n

Containers are stacked at a port in Pyeongtaek, Gyeonggi Province, May 8. Yonhap <\/p>\n

The top five companies, including Samsung Electronics and SK hynix , accounted for around 44 percent of Korea’s total exports in the first quarter, data showed Sunday, amid soaring global demand for memory chips driven by the artificial intelligence (AI) boom.<\/p>\n

According to the Ministry of Data and Statistics, the five exporters posted combined outbound shipments of $95.7 billion, or 43.5 percent of the country’s total exports of $219.9 billion, in the January-March period.<\/p>\n

The ratio marked a 14.8 percentage point jump from 28.7 percent recorded in the same period of 2025, reflecting Korea’s growing dependence on major tech firms for exports.<\/p>\n

The top five companies saw their exports increase by $50 billion on-year in the first quarter, accounting for 82.8 percent of the country’s total export growth during the period, the data showed.<\/p>\n

Experts said Korea’s recent export gains were driven by the AI boom rather than a broader recovery in the global economy, noting the disparity may deepen further down the road.<\/p>\n

“The global economy is only enjoying prosperity within the AI industry’s value chain,” said Kim Kwang-seok, head of economic research at the Institute for Korean Economy and Industry.<\/p>\n

“While major Korean firms are seeking opportunities within the AI value chain, businesses in traditional industries are facing challenges,” Kim said.<\/p>\n","protected":false},"excerpt":{"rendered":"Containers are stacked at a port in Pyeongtaek, Gyeonggi Province, May 8. Yonhap The top five companies, including…\n","protected":false},"author":2,"featured_media":691149,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-691148","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/691148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=691148"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/691148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/691149"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=691148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=691148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=691148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}