24% increase in exports of agricultural food in Gyeongbuk, South Korea, Best performance even in Corona 19

Published 2020년 11월 11일

Tridge summary

Gyeongbuk Province, South Korea, has reported a 24.8% increase in local agri-food exports for the first 10 months of 2020 compared to the same period in 2019, totaling $53.96 million. The exports were driven by grapes, dried persimmons, laver, beverages, and kimchi. Indonesia and China were the main importers, showing the largest increases in exports to these countries. Despite the challenges presented by the COVID-19 pandemic, Gyeongbuk agri-food exports surpassed $500 million for the first time in 2017 and have continued to grow. The region plans to boost awareness and competitiveness of its agri-food products through strategies such as utilizing overseas permanent antenna shops and identifying 'star items' for export.

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

Original content

(Andong = Yonhap News) Reporter Seung-Hyung Lee = Gyeongbuk Province announced on the 11th that the export of local agri-food as of October this year was $53.96 million, an increase of 24.8% from $432.9 million in the same period last year. By item, grapes (70.6%), dried persimmons (58.0%), laver (32.1%), beverages (7.2%), and kimchi (6.7%) led the exports of agri-food. By country, Indonesia's exports increased 33.1% from the same period last year, showing the largest increase. China's exports also revived, up 27.8%. Gyeongbuk agri-food exports reached 500 million dollars for the first time in 2017, and then continued to grow, such as 5333.2 million dollars in 2018 and 528.64 million dollars in 2019. This year, despite the difficult situation due to the novel coronavirus infection (Corona 19), it has already achieved the best performance. Kim Jong-soo, head of the Livestock Distribution Bureau, said, "We will increase ...

Source: Yna