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S. Korean Beer Imports Inch Higher

S. Korean Beer Imports Inch Higher

SEOUL, March 2 (Korea Bizwire) – Imports of foreign draft beer and fruit flavored beer are increasing. South Korean retail giant E-Mart Inc.’s imported beer sales fell for 18 straight months after June 2019 following a boycott movement against Japanese beer and other products. The decline finally ended in December of last year, when imported [...]

Germany Ramps Up Imports from S. Korea Despite Economic Downturn

Germany Ramps Up Imports from S. Korea Despite Economic Downturn

SEOUL, March 1 (Korea Bizwire) — Germany saw its imports decline last year due to the economic slump caused by the COVID-19 pandemic, but the country’s imports from South Korea turned out to have increased. The Frankfurt office of the state-run Korea Trade-Investment Promotion Agency analyzed data from 2020 released by the Federal Statistical Office [...]

S. Korea’s Whisky Imports Hit 21-year Low in 2020

S. Korea’s Whisky Imports Hit 21-year Low in 2020

SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s imports of whisky plunged to a 21-year low in 2020 due to the coronavirus pandemic and a change in alcohol consumption here, government data showed Tuesday. The value of whisky imports amounted to US$132.5 million last year, down 13.9 percent from the previous year, according to the [...]

Imports of Japanese Beer Tank in 2020 on Anti-Japan Campaign

Imports of Japanese Beer Tank in 2020 on Anti-Japan Campaign

SEOUL, Jan. 28 (Korea Bizwire) – South Korea’s imports of Japanese beer plunged nearly 86 percent in 2020 due to a local boycott of goods from the neighboring country, data showed Thursday. Seoul brought in US$5.67 million worth of Japanese beer last year, down 85.7 percent from a year earlier, according to the data from [...]

S. Korea’s Wine Imports Hit New High in 2020 amid Coronavirus Outbreak

S. Korea’s Wine Imports Hit New High in 2020 amid Coronavirus Outbreak

SEOUL, Jan. 4 (Korea Bizwire) — South Korea’s wine imports soared to a record high in 2020 as more people enjoyed drinking and partied at home due to the coronavirus outbreak, government data showed Monday. South Korea imported US$239 million worth of wines in the January-November period last year, much higher than the $204 million [...]