NH Expands Agricultural Product Exports as Mushroom Sales Soar | Be Korea-savvy

NH Expands Agricultural Product Exports as Mushroom Sales Soar


SEOUL, July 9 (Korea Bizwire)In the first half of the year, exports of agricultural products by NH Nonghyup increased by 16 percent to US$160 million, as markets for Korean mushrooms, tomatoes and ginseng products expanded. By product, mushroom exports skyrocketed 145 percent thanks to increased sales to North America, and strawberry exports were up by 30 percent with the expansion of the Southeast Asian market.

By region, exports to Japan increased by 11 percent to US$67 million, but their share of total exports fell to 41 percent for a decrease of 3 percentage points. Meanwhile, exports to North America increased by 90 percent to US$20 million, and their share of the total also increased by 5 percentage points to 12 percent. Exports to China (US$20 million) and Hong Kong (US$8 million) also increased.



Image Credit: Yonhap / photonews@koreabizwire.com

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