Thai chicken has more opportunities to export to South Korea after demand surges

Published Mar 5, 2024

Tridge summary

Thailand's Deputy Prime Minister, Mr. Phumtham Wechayachai, has urged the Department of Commerce to boost international trade and create opportunities for Thai entrepreneurs, particularly in the chicken meat industry. This comes in response to a growing demand for chicken meat in South Korea, where domestic prices are rising due to insufficient production despite government efforts. Currently, South Korea's top chicken importers are Brazil, Thailand, the US, Sweden, and Denmark.

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Original content

Mr. Phumtham Wechayachai, Deputy Prime Minister and Minister of Commerce, revealed that he has ordered the Department to promote international trade. Ministry of Commerce Proactively market to find channels and continuously create trade opportunities for Thai entrepreneurs. Recently received a report on the results of a survey of the chicken meat market in South Korea. It was found that there is a trend of continued expansion. Because it is one of the menus that South Korean consumers like, including fried chicken, ginseng stewed chicken, and stir-fried chicken with sauce, and food production operators, restaurants, and various chicken franchises such as Kyochon BHC and BBQ, there is intense competition in this market. The development of new fried chicken menus has resulted in rapid growth, but currently the chicken market in South Korea Starting to face the problem of rising domestic prices. from insufficient production Even though the Korean government plans to increase ...

Source: Pasusart