News

ASEAN and Indian markets become the largest exporter of Korean agricultural and sideline products

South Korea
India
Published Dec 10, 2020

Tridge summary

Core reminder: Yonhap News Agency, Seoul, December 8th. South Korea’s agricultural and sideline product exports to its "New Southern Policy" partners (10 ASEAN countries and India) exceeded its exports to Japan for the first time, making it South Korea’s largest agricultural and sideline product export destination.

Original content

Yonhap News Agency, Seoul, December 8. South Korea’s exports of agricultural and sideline products to its "New Southern Policy" partners (10 ASEAN countries and India) exceeded exports to Japan for the first time, making it the largest export destination of agricultural and sideline products in South Korea. Ministry of Agriculture, Forestry, Livestock and Food 9 Japan said that the export of agricultural and sideline products in the first eleven months of this year was US$6.845 billion, an increase of 6.8% over the same period last year. With the new crown epidemic fully impacting trade, South Korea’s exports of agricultural and sideline products grew against the trend and hit a record high. Among them, they were sold to the New South. The export value of policy partner countries was 1.395 billion U.S. dollars, an increase of 8.4% year-on-year. The proportion of exports to the new southern region in total agricultural and sideline product exports exceeded 20% for the first time ...
Source: Foodmate
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