South Korea's rice exports in 2020 increase 27% year-on-year to record high

Yonhap News Agency, Seoul, January 10th. South Korea’s Ministry of Agriculture, Forestry, Livestock and Food released preliminary statistics on the 10th. In 2020, the export volume of processed rice food set the highest record since the beginning of relevant statistics, at 137.6 million US dollars, an increase of 26.9% year-on-year. The analysis pointed out that processed rice food The export situation is improving mainly due to the increase in market demand for convenience foods and rice-based foods during the epidemic, as well as the government’s active support for export companies. With the prevalence of Hallyu culture, the demand for Korean rice-based foods in Asia has also increased, such as rice cakes and other cakes. The export value of this category increased by 56.7% year-on-year to 53.8 million U.S. dollars. Under the epidemic, the demand for convenience food in the United States and other places soared. The export value of processed rice such as frozen fried rice and ...