South Korea’s exports of agricultural and sideline products in the first quarter of this year hit a record high

Published 2021년 4월 5일

Tridge summary

South Korea's Ministry of Agriculture, Forestry, Livestock and Food reported a 13.7% year-on-year increase in the cumulative export value of agricultural and sideline products in the first quarter, reaching a record high of US$1.981 billion. This includes a 9.3% increase in fresh agricultural product exports, with kimchi, grape exports seeing significant growth. Processed food exports, which include instant noodles and beverages, also surged by 14.7%. There was double-digit growth in exports to ASEAN, India, and other new southern policy partners, with China and the United States being the largest markets.

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Original content

Yonhap News Agency, Seoul, April 4th. South Korea’s Ministry of Agriculture, Forestry, Livestock and Food said on the 4th that the cumulative export value of agricultural and sideline products in the first quarter of this year increased by 13.7% year-on-year to US$1.981 billion, a record high. Specifically, exports of fresh agricultural products increased by 9.3% year-on-year , Was 359 million U.S. dollars. Kimchi exports increased by 54.4% year-on-year to 47 million U.S. dollars. Grape exports increased by 49.7% year-on-year to 7 million U.S. dollars. Under the epidemic, the demand for convenience food continued to increase, and processed food exports increased by 14.7% year-on-year to 1.622 billion U.S. dollars. US dollars. Instant noodle exports increased by 18.9% year-on-year to US$157 million. Beverage exports increased by 16.8% year-on-year to US$112 million. From the perspective of export destinations, exports to ASEAN, India and other new southern policy partners, China, ...

Source: Foodmate