It already surpassed last year’s exports of $3.05 million, with the yearly figure expected to hit an all-time high by the end of the year. (image: KobizMedia/ Korea Bizwire)
SEJONG, Dec. 2 (Korea Bizwire) – Exports of South Korean green tea soared 64.6 percent in the first 10 months of the year from a year earlier on the back of rising demand from Asia and Europe, customs data showed Friday.
A total of US$3.67 million worth of green tea was shipped abroad in the January-October period, up from $2.23 billion tallied in the same period last year, according to the data compiled by the Korea Customs Service.
It already surpassed last year’s exports of $3.05 million, with the yearly figure expected to hit an all-time high by the end of the year.
The volume also surged 63.9 percent on-year to 135 tons over the cited period.
Singapore was the biggest buyer of South Korean green tea, as it imported $1.5 million over the 10-month period, accounting for 40.7 percent of South Korea’s exports.
Exports to Germany and China reached $640,000 and $450,000, respectively, with the Netherlands purchasing $399,000 worth of South Korean green tea.
The customs agency said South Korean green tea has been gaining popularity in Asia and Europe for its cheap price and high quality.
(Yonhap)
