South Korea: The world has awakened to the taste of sikhye and ginseng drinks

Published 2023년 10월 31일

Tridge summary

Korean beverage exports reached a record high of $529 million from January to September of this year, representing a 6.3% increase from the same period last year. China was the largest importer, accounting for 28.5% of the total, followed by the United States, Vietnam, Cambodia, and Hong Kong. The popularity of Korean food and the interest in traditional Korean beverages, such as sikhye, sujeonggwa, and ginseng drinks, contributed to the strong performance of beverage exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As Korean beverages continued to enjoy strong exports, they joined the ‘K-Food’ craze. According to the Korea Customs Service on the 31st, Korea's beverage exports, excluding bottled water and alcoholic beverages, recorded $529 million from January to September of this year. This is a 6.3% increase from the same period last year and is the largest ever. The beverage trade balance reached $421 million. Korean beverages are currently exported to 142 countries around the world, of which China exports amounted to $151 million, accounting for 28.5% of the total. It was followed by the United States ($70 million, 13.2%), Vietnam ($48 million, 9%), Cambodia ($39 million, 7%), and Hong Kong ($27 million, 5%). Looking at the proportion by item, items classified as other beverages such as aloe drinks, sikhye, and sujeonggwa were the highest at 58.3%. This was followed by soft drinks at 20.9%, fruit drinks at 12%, ginseng drinks at 8.4%, and non-alcoholic beer at 0.4%. An official from the ...
Source: Nongmin

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