South Korea's exports grew fastest among the world's ten largest exporters this year.

According to the Trade Ministry's analysis of data from the World Trade Organization on Sunday, the world's exports increased nine-point-two percent on-year in the first nine months of the year.

South Korea posted on-year growth of 18-point-five percent, the largest gain among the world's ten biggest exporters. The nation has been posting the largest growth for three straight quarters this year.

In particular, the country's export growth reached 35 percent in September, three times larger than the global average of eleven-point-one percent.

Thanks to the fast growth, South Korea's export ranking rose to sixth this year, up two notches from a year earlier.