South Korea: Geumsan-gun, exports of ginseng in the first half increased by 53.2% compared to the previous year

Published 2023년 8월 16일

Tridge summary

Ginseng exports from Geumsan-gun in Korea increased by 53.2% in the first half of this year compared to the same period last year. China, Hong Kong, Vietnam, Japan, and Taiwan were the top destinations for these exports. Red ginseng and red ginseng extracts saw remarkable growth in the Chinese market, with exports increasing by 2,272.2% and 1,418.9% respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Reporter Song Hae-chang, Korea Rural Newspaper] In the first half of Geumsan-gun, ginseng exports amounted to 13.5537 million dollars, up 53.2% from the same period last year (8.8466 million dollars). The share of exports in the first half of this year was China (30.1%), Hong Kong (27.2%), Vietnam (17.9%), Japan (9.1%), and Taiwan (8.4%). Red ginseng was exported to 14 countries in the first half of this year. In particular, red ginseng exports to China recorded $2,042,200, up 2272.2% from the same period last year ($86,100). Red ginseng extracts exported to 21 countries also showed remarkable growth in the Chinese market. Exports of red ginseng extracts to China totaled $55,000 in the first half of last year and $842,400 in the first half of this year, an increase of 1,418.9% over the past ...
Source: Agrinet

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