Jeju Mountain Hanwoo and pork, strong export to Singapore

The export of Jeju Hanwoo beef and pork to Singapore is gaining momentum. Jeju Special Self-Governing Province announced that since the shipment of the first batch of Jeju Hanwoo beef and pork exports on the 1st, up until the 16th, a total of 19 tons worth 508,000 dollars (approximately 740 million won) has been exported. This amount is half of the total export value of Jeju livestock products last year, which was 1,027,000 dollars. The export price in Singapore is 1.2 times the distribution price in Jeju, with Hanwoo (top sirloin 1++) selling for 350,000 to 430,000 won per kilogram and black pork (pork belly) selling for over 100,000 won per kilogram in high-end local retail stores in Singapore. In Singapore, importers and restaurants are actively securing quantities of Jeju Hanwoo beef and pork, and a launch event is planned to promote Jeju Hanwoo beef and pork. Along with the opening of the Singapore market, the outlook for Jeju livestock exports is bright. According to the ...