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Exports of S. Korean Content Industry Rise in 2020 Despite Pandemic

Exports of S. Korean Content Industry Rise in 2020 Despite Pandemic

SEOUL, Jan. 24 (Korea Bizwire) — Exports of South Korea’s content industry rose 16.3 percent on-year in 2020 on the back of the global popularity of Korean pop culture, despite the coronavirus pandemic, government data showed Monday. The industry’s outbound shipments stood at US$11.9 billion in 2020, compared with $10.25 billion a year earlier, according [...]

Instant Noodle Exports Hit New High in First 11 Months of 2021 amid Pandemic

Instant Noodle Exports Hit New High in First 11 Months of 2021 amid Pandemic

SEOUL, Jan. 10 (Korea Bizwire) — South Korea’s exports of instant noodles reached an all-time high in the first 11 months of 2021 on their global popularity amid the coronavirus pandemic, data showed Monday. Asia’s fourth-largest economy exported US$607.9 million worth of instant noodles, or “ramyeon” in Korean, in the January-November period, up 10.6 percent [...]

S. Korea Ranks 9th in World Arms Exports: Report

S. Korea Ranks 9th in World Arms Exports: Report

SEOUL, Dec. 20 (Korea Bizwire) — South Korea was the world’s 9th-largest arms exporter in the 2016-2020 period, accounting for 2.7 percent of the world’s total defense exports, an annual government report showed Monday. According to the Global Defense Market Yearbook 2021 released by the Korea Research Institute for Defense Technology Planning and Advancement (KRIT), [...]