SEOUL, March 26 (Korea Bizwire) — South Korean-made virus test kits are increasing their presence in overseas markets, industry observers said Thursday, as demand for diagnostic tools to fight the new coronavirus accelerates in many virus-hit countries. According to Seoul’s foreign ministry, 47 countries have so far asked about importing South Korean-made coronavirus test kits, [...]
SEOUL, March 17 (Korea Bizwire) — South Korea has sent 51,000 sampling kits used in coronavirus tests to the United Arab Emirates (UAE), Cheong Wa Dae said Tuesday, clarifying its earlier announcement. Earlier in the day, the presidential office announced that 51,000 diagnostic kits had been shipped to the UAE in emergency exports as part [...]
SEOUL, Feb. 26 (Korea Bizwire) — South Korea on Wednesday started to regulate the country’s exports of facial masks as demand for sanitary products has been running high here amid the spread of the new coronavirus. Under the measures, effective until April 30, the government will limit mask exports to a maximum of 10 percent [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korea said Wednesday the first batch of packaged traditional chicken soup, or “samgyetang,” will be shipped to Canada in line with the country’s efforts to beef up its exports of agricultural goods and foodstuffs. South Korea said 13 tons of ready-to-eat samgyetang will be shipped to the North [...]
SEOUL, Jan. 16 (Korea Bizwire) — South Korea’s outbound shipments of processed rice products shot up last year amid the booming popularity of Korean dramas, K-pop and other cultural assets abroad, data showed Thursday. Exports of these products reached US$106 million in 2019, marking a sharp rise from $89 million posted a year earlier, according [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s exports to Iran dropped nearly 90 percent from a year earlier in the first 11 months of last year, the fastest rate among the top 20 export countries, data showed Sunday. In the January-November period, Seoul’s shipments to the Middle East country came to US$259 million, down [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korea’s exports of beauty products to Japan advanced nearly 30 percent in the first 11 months of last year, data showed Sunday, despite the ongoing bilateral trade row stemming from their shared history. Asia’s No. 4 economy shipped US$370 million worth of beauty products to Japan in the [...]
SEJONG, Jan. 3 (Korea Bizwire) — South Korea said Friday it will allocate more money to foster the eco-friendly automobile market this year in a long-term plan to have such cars take up a quarter of all car exports by 2030. To further foster the segment, South Korea said it will allocate 950 billion won [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea said Monday it will launch a set of programs next year to nurture its smart farming industry with an aim to become one of the world’s major exporters in the sector. Under the vision, South Korea’s annual exports of smart farm solutions will hit US$300 million in [...]
SEOUL, Dec. 10 (Korea Bizwire) — South Korea may have been hit the hardest among major economies by the protracted trade dispute between the United States and China due to its high dependence on exports to the countries, a report said Tuesday. The U.S. and China are the world’s largest importers of South Korean products [...]