Mid-Sized Korean Firms' Exports Rise 8.5% on Semiconductor, Bio-Health Strength

Exports from South Korea's mid-sized companies surged by more than 8.5% in the first quarter of 2026, fueled by robust performance in key sectors like semiconductors, bio-health, and home appliances. This growth indicates resilience and strength within this crucial segment of the Korean economy.

The Korea Mid-Market Enterprises Export Association reported that total exports from these companies reached $31.22 billion during the period. This figure represents a significant year-on-year increase, highlighting the competitive edge and global demand for products manufactured by these firms.

Despite the overall export growth, the data also revealed a concerning trend: the proportion of total exports attributed to mid-sized companies has declined. Furthermore, the total number of mid-sized companies engaged in exporting activities also saw a reduction. This suggests potential challenges or consolidation within the mid-market export sector, even as individual company performance remains strong.