SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s exports of fishery products grew 20.5 percent on-year in the first 10 months of this year, data showed Sunday. Outbound shipments of fishery products reached US$2.24 billion during the January-October period, compared to $1.86 billion tallied a year earlier, according to the data by the Ministry of [...]
SEOUL, Oct. 26 (Korea Bizwire) — South Korean oil refiners posted the first on-year, third-quarter increase in exports in about 18 months, data showed Tuesday, on the back of reviving global demand amid an easing of COVID-19 pandemic curbs. The combined shipments of oil and petroleum products by SK Energy Co., GS Caltex Co. S-Oil [...]
SEOUL, Oct. 13 (Korea Bizwire) — South Korea’s cartoon exports jumped more than 40 percent in 2020 from a year earlier amid the growing global popularity of Korean pop culture, a report said Wednesday. Outbound shipments of cartoons, including webtoons, stood at US$64.82 million last year, up 40.9 percent from a year earlier, according to [...]
SEOUL, Oct. 12 (Korea Bizwire) — South Korea’s exports of kimchi climbed nearly 14 percent in the first eight months of 2021 on growing overseas demand for healthier food amid the new coronavirus pandemic, data showed Tuesday. Outbound shipments of kimchi reached US$111.5 million in the January-August period, up 13.8 percent from a year earlier, [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s exports of seaweed products moved up 13 percent on-year over the first nine months of 2021, data showed Thursday, on the back of the growing popularity of Korean culture abroad. Outbound shipments of seaweed products, or “gim” in Korean, came to US$507 million in the January-September period, [...]
SEOUL, Oct. 5 (Korea Bizwire) — With the production and sales of new cars stagnating due to a global chip shortage, an increasing number of foreign consumers are turning their eyes towards Korean used cars, with the nation’s used car exports and trade volume both showing robust growth. According to the Korea Customs Service and [...]
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 [...]