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    Home > Food News > Food Articles > Korea's instant noodle exports hit a record high of over US$600 million in the first 11 months of last year

    Korea's instant noodle exports hit a record high of over US$600 million in the first 11 months of last year

    • Last Update: 2022-01-21
    • Source: Internet
    • Author: User
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    Yonhap News Agency, Seoul, January 10.
    According to news from the Korea Customs Service ( Customs ) and the food industry on the 10th, South Korea exported $607.
    9 million in instant noodles in the first 11 months of 2021 , a year-on-year increase of 10.
    6%, setting a new record
    .
     
    This not only surpassed the record annual export value set in 2020 ($603.
    57 million), but also reached 3.
    3 times the $186.
    73 million in 2001 10 years ago
    .
    The export value of instant noodles increased from US$413.
    1 million in 2018 to US$467 million in 2019, and then jumped to US$603.
    57 million in 2020
    .

     
    The new crown epidemic and the hot sales of the popular "Jhajang Udon" that appeared in the Korean film "Parasite" are regarded as positive factors
    .
    Affected by the prolonged epidemic and the prevalence of Hallyu, the popularity of Korean instant noodles did not decrease last year
    .
    However, due to the significant increase in instant noodle exports in 2020 and the drag from the global logistics crisis, last year's export growth was smaller than the previous year
    .
     
      However, given that food companies such as Nongshim and Paldo have established factories overseas to sell on-site, the actual overseas sales of Korean instant noodles may be far greater than the export value
    .
    From January to November last year, South Korea exported US$133.
    42 million of instant noodles to mainland China, the highest export value
    .
    For the United States ($70.
    76 million), Japan ($58.
    77 million), Taiwan ($29.
    18 million), the Philippines ($25.
    96 million), Malaysia ($24.
    99 million), Australia ($19.
    46 million), Thailand ($27.
    21 million) Exports are listed next
    .
    (Finish)

    Customs food export instant noodles
     
      This not only surpassed the record annual export value set in 2020 ($603.
    57 million), but also reached 3.
    3 times the $186.
    73 million in 2001 10 years ago
    .
    The export value of instant noodles increased from US$413.
    1 million in 2018 to US$467 million in 2019, and then jumped to US$603.
    57 million in 2020
    .

     
      The new crown epidemic and the hot sales of the popular "Jhajang Udon" that appeared in the Korean film "Parasite" are regarded as positive factors
    .
    Affected by the prolonged epidemic and the prevalence of Hallyu, the popularity of Korean instant noodles did not decrease last year
    .
    However, due to the significant increase in instant noodle exports in 2020 and the drag from the global logistics crisis, last year's export growth was smaller than the previous year
    .
     
      However, given that food companies such as Nongshim and Paldo have established factories overseas to sell on-site, the actual overseas sales of Korean instant noodles may be far greater than the export value
    .
    From January to November last year, South Korea exported US$133.
    42 million of instant noodles to mainland China, the highest export value
    .
    For the United States ($70.
    76 million), Japan ($58.
    77 million), Taiwan ($29.
    18 million), the Philippines ($25.
    96 million), Malaysia ($24.
    99 million), Australia ($19.
    46 million), Thailand ($27.
    21 million) Exports are listed next
    .
    (Finish)
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