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Hawaii Convenience Stores Selling Topokki Snacks

Hawaii Convenience Stores Selling Topokki Snacks

SEOUL, Sept. 26 (Korea Bizwire) — Convenience stores are not just bringing in foreign products, but they are also exporting offerings from their own brands. GS Retail Co., a major South Korean retailer, has joined hands with Taiwanese trading firm Tait Marketing & Distribution Co. to actively export items from the private-label brand (PB) brand [...]

Exports of Petrochemicals Sharply Down in Aug. amid U.S.-China Trade Feud

Exports of Petrochemicals Sharply Down in Aug. amid U.S.-China Trade Feud

SEJONG, Sept. 4 (Korea Bizwire) — South Korea’s exports of petrochemical goods nosedived last month, data showed Wednesday, underscoring how the protracted trade dispute between the United States and China is taking a toll on key export items. Outbound shipments of petrochemical goods reached US$3.5 billion in August, falling from $4.3 billion a year earlier, [...]

K-pop, ‘Hallyu’ Emerge as Powerful Marketing Tools for Korean Consumer Goods

K-pop, ‘Hallyu’ Emerge as Powerful Marketing Tools for Korean Consumer Goods

SEJONG, Jul. 26 (Korea Bizwire) — At a trade fair exhibiting Korean goods in Bangkok last month, whenever a customer came to the small booth where he was promoting beauty products, Jake Choi would use his smartphone to show them a video clip as part of his sales pitch. The three-minute video includes a scene [...]

S. Korean Alcohol and Pork Exports to Muslim Countries on the Rise

S. Korean Alcohol and Pork Exports to Muslim Countries on the Rise

SEOUL, Jul. 4 (Korea Bizwire) — South Korean soju and pork exports to Muslim countries, where alcohol and pork are normally forbidden, are rising. The Korea Agro-Fisheries & Food Trade Corporation (aT) reported on Wednesday that last year’s soju exports to Indonesia reached $1.3 million, a 10.1 percent increase from the previous year. Between January [...]

Researchers Pave Way for Export of Rice Cakes with New Preservation Tech

Researchers Pave Way for Export of Rice Cakes with New Preservation Tech

SEOUL, Apr. 2 (Korea Bizwire) — South Korea’s agricultural promotion agency said Tuesday that it has teamed up with a local university to find ways to preserve rice cakes for up to eight months, paving the way to expand exports. The Rural Development Administration and Kangwon National University said they have found ways to preserve [...]

S. Korean ‘Smart Farm Packages’ Exported to Central Asia

S. Korean ‘Smart Farm Packages’ Exported to Central Asia

SEJONG, Mar. 20 (Korea Bizwire) — The Foundation of Agricultural Technology Commercialization and Transfer announced on Tuesday it is now exporting ‘smart farm packages’ comprised of the equipment, materials, and plants needed for starting a smart farm, to Kazakhstan, Uzbekistan, and other Central Asian countries. The foundation signed a 4.7 billion won (US$4.2 million) deal [...]

S. Korea’s Steel Exports to U.S. Drop by Bigger Margin than Rivals

S. Korea’s Steel Exports to U.S. Drop by Bigger Margin than Rivals

SEOUL, Feb. 19 (Korea Bizwire) — South Korea’s steel exports to the United States last year, regulated by a quota, fell more than those by key rivals China and Japan that were subject to higher tariffs, analyzed data indicated Tuesday. According to the analysis by the Washington office of the Korea Trade-Investment Promotion Agency (KOTRA), [...]