SEOUL, May 28 (Korea Bizwire) — South Korea’s exports of cosmetics grew at the slowest pace in eight years in 2019 amid a litany of unfavorable external factors, industry data showed Thursday. Overseas shipments of cosmetics stood at US$6.49 billion last year, up 3.6 percent from a year earlier, according to the data from the [...]
SEOUL, May 27 (Korea Bizwire) – The South Korean government plans to put various systems developed to fight the coronavirus into packages available for export. The Ministry of Land, Infrastructure and Transport (MOLIT) and other agencies plan to organize a task force to export various K-quarantine technologies in the face of worldwide demand. The government [...]
SEOUL, May 26 (Korea Bizewire) — South Korea’s exports of packaged traditional chicken soup, or “samgyetang,” have posted sharp growth in the first four months of 2020 from a year earlier, data showed Tuesday, amid the growing demand for ready-to-eat products around the globe due to the pandemic-led lockdowns. Outbound shipments of ready-to-eat samgyetang products [...]
SEOUL, May 22 (Korea Bizwire) — Following the export of location-tracking wristbands designed for people who have violated self-quarantine measures, South Korea will also begin exporting smartphone applications for management of self-quarantined individuals. The Ministry of Interior and Safety announced Thursday that it decided to export a safety app for people under self-quarantine to Central and [...]
SEOUL, May 22 (Korea Bizwire) — South Korea’s first-quarter exports of eight new-industry goods jumped despite a drop in overall exports due to the new coronavirus pandemic, data showed Friday. Overseas shipments of those products came to US$21 billion in the January-March period, up 17 percent from a year earlier, according to the data from [...]
SEOUL, May 21 (Korea Bizwire) – South Korea’s exports of coronavirus test kits are expected to gather momentum down the road thanks to high overseas demand, industry sources said Thursday. With the coronavirus outbreak raging across the globe, many affected countries are scrambling to import South Korean COVID-19 test kits, in a boon to local [...]
SEOUL, May 20 (Korea Bizwire) — South Korea said Wednesday it has begun shipping location-tracking wristbands currently used on people violating self-quarantine orders here amid the new coronavirus pandemic. The country inked a deal valued at 980 million won (US$798,000) with Saudi Arabia to sell some 100,000 units of the wristbands, according to the country’s [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s output of medical equipment and related materials passed 7 trillion won (US$5.7 billion) in 2019 on solid demand for dental treatment products, data showed Wednesday. About 7.3 trillion won worth of medical equipment and materials were produced in the country last year, up 11.8 percent from a [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s exports of cultural goods jumped nearly 10 percent on-year in 2018, led by games and character intellectual property (IP), a government survey showed Tuesday. The combined overseas sales in 11 culture and entertainment sectors reached about US$9.62 billion, up 9.1 percent from 2017, according to the annual [...]
SEOUL, May 18 (Korea Bizwire) — With South Korea gaining attention as a model for fighting the coronavirus, the country’s exports of eco-friendly home appliances, pharmaceuticals, sanitation products, and health supplements are rising. As for home appliances, exports of air purifiers and bidets between January and March were 178.5 percent and 117 percent higher than [...]