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Korean kimchi exports hit record high of nearly $160 million in 2021

 Last Update: 2022-01-22
 Source: Internet
 Author: User

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Yonhap News Agency, Seoul, January 17.
Data released by the Korea Customs Service ( Customs ) and the food industry on the 17th showed that the export value of Korean kimchi (Kimchi) last year increased by 10.
7% year-on-year to US$159.
92 million, the largest in history
.

The export value of kimchi from 2016 to 2021 has maintained a growth trend for six consecutive years
.
Especially in 2020, when the new crown epidemic broke out, the export value of Korean kimchi soared by 37.
6% year-on-year to US$144.
51 million, setting a new historical record after 8 years, and breaking a new record again last year
.

The analysis believes that the huge increase in the export of Korean kimchi is due to the increase in overseas attention to Korean food due to the influence of the Korean wave
.
In addition, after the outbreak of the new crown epidemic, the view that Korean kimchi is conducive to improving immunity has also pushed up exports
.

　　In terms of export destinations, exports to Japan accounted for 50.
1%, ranking first with US$80.
12 million, followed by the United States (US$28.
25 million), Hong Kong (US$7.
72 million), Taiwan (US$6.
91 million), United Kingdom ($5.
5 million), Netherlands ($5.
45 million), Australia ($5.
13 million),
etc.

　　Last year, South Korea imported 140.
74 million US dollars of kimchi, a decrease of 7.
7% year-on-year, the largest decline since 2014
.
(Finish)

customs food export

　　Last year, South Korea imported 140.
74 million US dollars of kimchi, a decrease of 7.
7% year-on-year, the largest decline since 2014
.
(Finish)

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