South Korea’s 2020 chicken exports increased nearly 60% from 2019

Published 2021년 3월 17일

Tridge summary

In 2020, South Korea witnessed a significant surge in the export of processed chicken, with a 59.5% increase from the previous year, reaching US$ 21 million. This growth is attributed to both a global rise in demand for ready-to-eat products and the influence of Korean pop culture, often referred to as the 'Korean wave'. The United States was the primary market for these exports, followed by Hong Kong, Japan, Canada, Taiwan, Myanmar, and Australia. However, the country faces challenges with egg shortages due to the spread of the H5N8 strain of bird flu, which resulted in the culling of over 26 million birds. Despite these challenges, Korean cuisine continues to gain international popularity, with dishes like buldak spicy chicken noodles and Korean-style fried chicken becoming more prevalent globally.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global demand for ready-to-eat products have continued to rise. Meanwhile, Korean pop culture enjoys more popularity worldwide. This, reports The Korea Herald, has seen overseas shipments of processed chicken reaching US$ 21 million in 2020, up 59.5% from the previous year. The media house notes that a report from the Korea International Trade Association states that the jump came as exports of packaged traditional chicken soup, or samgyetang, as well as chicken breast, spiked due to increased demand for home meal replacements due to the coronavirus. The report, however, also attributed the increase to the “Korean wave”, which is the popularity of Korean dramas, movies, and music in countries around the world. The US was South Korea’s largest chicken export market last year, with shipments reaching US$ 5.9 million, or 28.1% of the total. South Korean processed chicken accounted for 2.1% of US chicken imports, up from 0.9% in 2016. Hong Kong was South Korea’s second largest export ...

Source: Poultryworld