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Exports of S. Korean Refiners’ Q1 Petroleum Products Up by Most in 11 Years

Exports of S. Korean Refiners’ Q1 Petroleum Products Up by Most in 11 Years

SEOUL, April 26 (Korea Bizwire) — South Korean refiners posted the biggest quarterly growth in exports of their petroleum products in the first quarter from a year earlier, driven by robust fuel demand and rising oil prices amid eased COVID-19 border controls, a report showed Tuesday. The combined outbound shipments of petroleum products by SK [...]

S. Korea’s Exports of Ginseng Set New Record in 2019

S. Korea’s Exports of Ginseng Set New Record in 2019

SEJONG, Jan. 22 (Korea Bizwire) — South Korea’s exports of ginseng reached a new fresh high in 2019 on the back of increased shipments to China and Vietnam, data showed Wednesday. Outbound shipments of ginseng products advanced 12.4 percent on-year to reach US$211 million in 2019, according to the data compiled by the Korea Agro-Fisheries [...]

S. Korea Resumes Exports of Persimmons to Vietnam

S. Korea Resumes Exports of Persimmons to Vietnam

SEJONG, Jan. 8 (Korea Bizwire) — South Korea said Wednesday it has resumed exports of persimmons to Vietnam after the two countries reached an agreement on terms over quarantine conditions. Exports of persimmons to Vietnam have been stalled since 2015 when Vietnam adopted a new quarantine regulation that called for tougher examinations for possible disease [...]

S. Korea Aims to Become 3rd-largest Cosmetics Exporter by 2022

S. Korea Aims to Become 3rd-largest Cosmetics Exporter by 2022

SEOUL, Dec. 5 (Korea Bizwire) — South Korea aims to become the third-largest cosmetics exporter in the world by 2022 through extensive investment in research and development (R&D) and concerted marketing efforts, the government said Thursday. The country’s makeup products are globally competitive, with growth buoyed by popularity of the Korean Wave and the growing [...]

S. Korea’s OLED Exports to Japan Hit Record High in June

S. Korea’s OLED Exports to Japan Hit Record High in June

SEOUL, Jul. 24 (Korea Bizwire) — South Korea’s OLED panel exports to Japan more than doubled to hit a record high last month, data showed Wednesday, bucking the trend of weakening global demand for displays. South Korea’s shipments of organic light-emitting diode (OLED) panels to Japan totaled US$13.2 million in June, skyrocketing 129.2 percent from [...]