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Data shows 2017 outbound shipments were dominated by top conglomerates

2018-12-27 1 Dailymotion

전체 기업 0.9%인 대기업, 작년 한국 수출액 3분의2 차지: 통계청<br /><br />Recent data shows Korean exports recovered their momentum in 2017 after dipping slightly the previous year.<br />But the fruits of that success may not have been shared by all... as conglomerates dominated the country's outbound shipments.<br />Kim Ji-yeon breaks down the digits for us. <br />The wealth polarization among conglomerates and small-and-medium-sized companies has widened in terms of trade last year.<br />Data released by Statistics Korea and the Korea Customs Service on Thursday showed conglomerates or companies with assets of more than 9-billion U.S. dollars... made up less than one-percent of all 94-thousand exporting companies.<br />But those exporting giants took up more than 66-percent of Korean trade in 2017... with exports amounting to 380-point-3-billion dollars.<br />That's more than double that of SMEs... which had 101-point-4-billion dollars of exports in 2017, less than 18 percent of the total. <br />Medium-sized enterprises, or companies with more than 447-million dollars worth of assets, made up less than two-percent of all exporters... their outbound shipments amounted to 90-point-9-billion dollars.<br />By industry, more than 84-percent of exports came from the manufacturing sector... amounting to 482-point-2-billion dollars... with much of this coming from the semiconductor and petroleum refining industries... where conglomerates dominated.<br />More than 12-percent of exports came from the wholesale and retail sectors.<br />All in all, the amount of exports last year increased by nearly 16-percent from the previous year ... recovering to above the 500-billion dollar mark... to record 572-point-6-billion U.S. dollars in 2017.<br />By region, exports to Southeast Asian countries took up the lion's share of Korean exports in 2017 recording 149-billion dollars... outpacing exports to China for the first time.<br />Kim Ji-yeon, Arirang News. <br />

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