Agri-food exports in the first half of this year were $4.15 billion, an all-time high in South Korea

Published 2021년 7월 6일

Tridge summary

South Korea's agricultural food exports have reached a record high in the first half of this year, with a 15.4% increase from the same period last year, amounting to $4.154 billion, the Ministry of Agriculture, Food and Rural Affairs announced. This marks the highest performance in the first half of a year and the highest growth rate in ten years. The growth was primarily driven by fresh agricultural products, which increased by 11.4% to $720 million, and processed foods, which increased by 16.2% to $3.44 billion. The ministry is planning to continue this growth in the second half of the year by implementing a strategy tailored to each country's COVID-19 situation.

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Original content

(Seoul = Yonhap News) Reporter Eun-ji Ko = Agri-food exports achieved the highest record in the first half of this year. The Ministry of Agriculture, Food and Rural Affairs announced on the 6th that the accumulated agricultural food exports in the first half of this year were tentatively counted at $4.154 billion, up 15.4% from the same period last year. This is the highest performance recorded in the first half of the year and the highest growth rate in 10 years since 2011. By type, fresh agricultural products rose 11.4 percent to $720 million, and processed foods increased 16.2 percent to $3.44 billion. Among fresh agricultural products, ginseng (25.2%), kimchi (20.1%), strawberries (24.9%), citron tea (21.7%), processed foods were noodles (9.5%), confectionery (15.3%), beverages (30.3%), and sauces. (26.2%) and processed rice (25.5%) showed a favorable trend. By market, the existing flagship countries, Japan (5.4%), China (19.2%), and the United States (13.6%), and the new ...

Source: Yna