SEOUL, April 27 (Korea Bizwire) — South Korean refiners’ exports fell to the lowest level in 10 years in the first quarter of the year as global oil demand remained low amid the prolonged COVID-19 pandemic, industry data showed Tuesday. Oil and petrochemical products shipped by SK Innovation Co., GS-Caltex Co., S-Oil Corp., Hyundai Oilbank [...]
SEOUL, April 25 (Korea Bizwire) — South Korea’s exports of cosmetics shot up 15 percent in 2020 from a year earlier, data showed Sunday, on the back of growing demand from the United States and Asian countries. Outbound shipments of cosmetics reached US$6.12 billion last year, according to the data compiled by the Korea Customs [...]
SEOUL, April 21 (Korea Bizwire) — South Korea’s exports of kimchi touched an all-time high in the first quarter of the year thanks to its popularity amid the coronavirus pandemic, data showed Wednesday. Overseas shipments of kimchi came to US$46.57 million in the January-March period, up 54.3 from a year earlier, according to the data [...]
SEOUL, April 4 (Korea Bizwire) — South Korea’s exports of agriculture products reached an all-time high in the first quarter of the year on the back of strong demand for kimchi and processed foods, data showed Sunday. The record amount of US$1.98 billion represents a 13.7 percent rise from the previous year, according to data [...]
SEOUL, April 1 (Korea Bizwire) — South Korea’s exports of test kits for the new coronavirus, protective masks and other virus-related goods sharply increased last year amid the pandemic, data showed Thursday, with the country planning to further expand outbound shipments of such goods down the road. Outbound shipments of such goods reached US$5.9 billion [...]
SEOUL, March 19 (Korea Bizwire) — South Korea’s outbound shipments of medical products to the European Union (EU) more than doubled on-year in 2020, data showed Friday, with Seoul seeking to further expand exchanges with the EU to cope with the coronavirus pandemic. Exports of pharmaceutical products and medical instruments came to US$4.67 billion in [...]
SEOUL, March 11 (Korea Bizwire) — South Korea’s health care and cosmetics exports soared more than 38 percent to an all-time high in 2020 amid the coronavirus pandemic, industry data showed Thursday. The country’s overseas shipments of pharmaceuticals, cosmetics and medical devices stood at US$21.70 billion last year, up 38.3 percent from the previous year [...]
SEOUL, March 4 (Korea Bizwire) — Korean-made dumplings are enjoying rising popularity in the global markets. The country’s annual exports of frozen dumplings grew by 23.4 percent during the period from 2016 to 2020, according to a report from the Korea International Trade Association (KITA). In particular, South Korean exports of frozen dumplings reached an [...]
SEOUL, March 3 (Korea Bizwire) — South Korea said Wednesday it plans to keep up brisk overseas sales of agricultural products in 2021, as demand for ready-to-eat products has been growing around the globe with more people dining at home amid the virus pandemic. Outbound shipments of agricultural products expanded 7.7 percent on-year in 2020 [...]
SEOUL, March 2 (Korea Bizwire) – South Korea said Tuesday it plans to expand its exports of fishery products by 30 percent through 2025 in line with its new vision to foster the industry as a new growth engine. Under the five-year blueprint, outbound shipments of fishery products are expected to each US$3 billion in [...]