{
  "id": 62451,
  "title": "No. of 1st-time exporters up nearly 4 pct in 2025: data",
  "url": "https://urgent.news/2026/08/03/no-of-1st-time-exporters-up-nearly-4-pct-in-2025-data",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-03T00:27:05.000Z",
  "source": {
    "name": "Yonhap News",
    "slug": "yonhap-news",
    "url": "https://en.yna.co.kr/view/AEN20260803002800320"
  },
  "original_language": "en",
  "account": "In 2025, the number of first-time exporters in South Korea saw a notable increase of nearly 4 percent compared to the previous year, according to data released by the Korea Customs Service. This marked the largest year-on-year growth in the past five years. The total count of businesses entering the realm of exports for the first time was 19,746, up from 19,041 a year prior. The surge in first-time exporters injected fresh vigor into the nation's export sector, the agency noted.\n\nThe combined exports of these newly minted exporters surged by 13.2 percent from the prior year, reaching a total of US$6.9 billion. This represented the highest export level since 2019. The diverse array of products exported by these first-time businesses was diverse, with machinery and computers contributing 10.9 percent, electrical products at 8.5 percent, and cosmetics accounting for 7 percent of the total.\n\nThe average export value per company was calculated at $350,000, with a significant majority, 80 percent, of these first-time exporters having export values falling below $100,000. This data underscores an encouraging trend of new businesses venturing into the global market, contributing to South Korea's export growth.",
  "summary": "SEOUL, Aug. 3 (Yonhap) -- The number of first-time exporters, defined as busines...",
  "key_points": [
    "First-time exporters in South Korea increased by nearly 4% in 2025.",
    "Export value of new businesses rose by 13.2% to US$6.9 billion.",
    "Most first-time exporters had export values below $100,000."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}