South Korea: Gyeongbuk Province, agri-food exports 'best performance ever'

Published 2021년 1월 8일

Tridge summary

In 2020, North Gyeongsang Province, South Korea, saw a 20.0% increase in agricultural food exports, reaching a record $634 million for the fifth year in a row. This growth is attributed to strategic online export consultations and the establishment of permanent overseas sales sites. Notable increases in exports include grapes, Chinese cabbage, kimchi, dried persimmon, and laver. China, Hong Kong, Canada, Australia, Taiwan, Indonesia, and Thailand were the top buying countries. The province's export strategy, which includes high-quality products, online marketing, and policies to diversify the market, along with the creation of the 'daily' brand for export fruits, also contributed to this success. Despite the COVID-19 crisis, Gyeongbuk Governor Lee Cheol-woo is optimistic and has plans to further expand exports in 2021 by targeting high-growth markets and increasing sales channels.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Reporter of the Korean Farmers' Newspaper] 20% ↑, $634 million compared to the previous year, the main effect of promoting online export consultations and operating permanent overseas sales sites in Gyeongbuk Province in 2020, a 20.0% increase from the previous year, to $634 million, for 4 consecutive years 5 It surpassed the achievement of billions of dollars and broke the record high. According to North Gyeongsang Province, as major export items, grapes (Shine Muscat), which are popular as premium products in China, increased 51.0%, Chinese cabbage 69.9%, kimchi 8.5%, dried persimmon 43.8%, and laver, 35.5%, leading agricultural food exports. did. By country, China, which has the largest export value of grapes and laver, increased 28.2%, and Hong Kong, Canada, and Australia, where demand for grapes and kimchi increased significantly, increased 15.2%, 13.9%, and 29.3%, respectively. In addition, Taiwan 5.4%, Indonesia 30.4%, and Thailand 29.3% growth. These achievements are the ...
Source: Agrinet

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