South Korea: Gyeongbuk agrifood exports, a record high 20% from the previous year

Published Jan 6, 2021

Tridge summary

Gyeongsangbuk-do's agricultural food exports reached a record high of $634 million in 2020, a 20% increase from the previous year, despite the challenges of the COVID-19 pandemic. The province saw significant growth in exports of high-end Shine Muscat grapes, Chinese cabbage, dried persimmon, laver, and kimchi. China was the largest market for these exports, which also saw growth in Hong Kong, Canada, and Australia. The province plans to further diversify its export market by expanding sales channels through social media, global shopping malls, and participation in international food fairs.

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

Original content

(Andong = Yonhap News) Reporter Seung-Hyung Lee = Exports of agricultural food in Gyeongsangbuk-do recorded the highest performance in history despite difficult conditions due to the novel coronavirus infection (Corona 19). According to North Gyeongsang Province on the 6th, last year's exports of agri-food amounted to $634 million, an increase of $105 million (20%) from $529 million last year. It surpassed $600 million in three years after rising from $498 million in 2016 to $523 million in 2017. Grapes (Shine Muscat varieties), which are popular as high-end products in China, increased 51.0%, Chinese cabbage 69.9%, dried persimmon 43.8%, laver 35.5%, and kimchi 8.5%, leading agri-food exports. China, which has the most exports by country, increased 28.2%, and exports to Hong Kong, Canada and Australia, where demand for grapes and kimchi increased significantly, also showed growth. Doo focused on growing export star items such as Shine Muscat, persimmon and kimchi, and focusing on ...

Source: Yna