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S. Korea’s Exports of Medical Products to EU Jump amid Pandemic

S. Korea’s Exports of Medical Products to EU Jump amid Pandemic

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 [...]

S. Korean Health Care Exports Hit Record High in 2020 amid Pandemic

S. Korean Health Care Exports Hit Record High in 2020 amid Pandemic

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 [...]

Exports of Korean-made Frozen Dumplings on Steep Rise

Exports of Korean-made Frozen Dumplings on Steep Rise

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 [...]

S. Korea Aims to Boost Exports of Eco-friendly Cars

S. Korea Aims to Boost Exports of Eco-friendly Cars

SEOUL, Feb. 23 (Korea Bizwire) — South Korea on Tuesday finalized a five-year plan for the eco-friendly auto industry, which includes expanding exports of such automobiles by threefold by 2025. The country’s exports of eco-friendly cars, which includes electric and hydrogen fuel cell models, will reach 830,000 units in 2025, significantly rising from 280,000 units [...]