SEOUL, Feb. 5 (Korea Bizwire) – South Korea’s exports of sauces reached an all-time high in 2020 as more people enjoyed cooking at home around the globe amid the new coronavirus pandemic, data showed Friday.
Outbound shipments of sauces rose 25.8 percent on-year in 2020 to reach $301.7 million, according to the data compiled by the Korea International Trade Association (KITA).
KITA said the growth also came as global consumers became more aware of Korean-style foods following the popularity of Korean cultural content overseas.
By destination, the United States accounted for 23 percent of the combined exports at $69.7 million, trailed by China with 20 percent, or $61 million.
Russia and Japan accounted for 8.3 percent and 8.2 percent, respectively.
South Korea’s overall exports of foodstuffs also edged up 4.5 percent on-year in 2020 to reach $9 billion.
Last year, the country’s total outbound shipments came to $512.8 billion, down 5.4 percent from 2019.
(Yonhap)