SEOUL, Aug. 20 (Korea Bizwire) — A South Korean brewery is jumping into the European market to compete with traditional brewers. Jeju Beer Company, based on the southern resort island of Jeju, announced Thursday that it will export three kinds of craft beer, ‘Jeju Wheat Ale,’ ‘Jeju Pellong Ale,’ and ‘Jeju Geomeong Ale’ to Europe. [...]
SEOUL, Aug. 9 (Korea Bizwire) — South Korea’s agricultural ministry said Monday it has reached an agreement with Australia to maintain its exports of pears despite the outbreak of fire blight in the country. The country has been shipping pears produced in four designated regions under the condition that the country verifies that farms in [...]
SEOUL, July 26 (Korea Bizwire) — South Korea’s exports of biopharmaceutical products more than doubled in 2020 from a year earlier on the back of the growing demand for pharmaceutical products amid the COVID-19 pandemic, a report showed Monday. Outbound shipments of high-end biopharmaceutical products came to US$5.1 billion in 2020, compared with around $2.1 [...]
SEOUL, July 26 (Korea Bizwire) — South Korea’s instant noodle exports touched an all-time high in the first half of the year amid the coronavirus pandemic, data showed Monday. Asia’s fourth-largest economy exported US$319.68 million worth of instant noodles, or “ramyeon” in Korean, in the January-June period, up 5.8 percent from a year earlier, according [...]
SEOUL, July 19 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp.’s environment friendly vehicle exports jumped 45 percent in the January-May period from a year earlier on strong demand for their hybrid sport utility vehicles. Hyundai and Kia shipped a combined 145,781 eco-friendly vehicles in the first five months, up from 100,691 [...]
SEOUL, July 6 (Korea Bizwire) — South Korea’s exports of agricultural products shot up to set a new record in the first six months of 2021, data showed Tuesday, on the back of stronger global demand for healthier foodstuffs amid the new coronavirus pandemic. Outbound shipments of such goods in the January-June period came to [...]
SEOUL, June 21 (Korea Bizwire) — South Korea became the world’s third-largest exporter of cosmetics products in 2020 with its trade balance in the sector remaining in the black for nine straight years, government data showed Monday. The country exported US$7.57 billion worth of cosmetics goods last year, up 16.1 percent from a year earlier, [...]
SEOUL, June 16 (Korea Bizwire) — Korean-made instant noodles, or “ramyeon” in Korean, are gaining a stronger foothold in Japan, the country that claims to have invented the world’s first instant noodle. South Korea recorded a surplus of $21.1 million in its instant noodle trade with Japan in the first four months of this year, [...]
SEOUL, June 15 (Korea Bizwire) — South Korea’s exports of strawberries rose nearly 25 percent on-year in the first five months of this year on the back of robust output and rising demand amid the pandemic, data showed Tuesday. The country’s exports of strawberries reached US$49 million in the January-May period, up 24.7 percent from [...]
SEOUL, May 31 (Korea Bizwire) — Hyundai Motor Group’s eco-friendly vehicle exports jumped 46.6 percent in the first four months of this year compared with a year earlier, led by robust demand for its electric vehicle (EVs) and hybrid models, industry data showed Monday. The combined exports of eco-friendly models by the Korean automotive group’s [...]