Korea’s instant noodle exports hit a record high in the first 11 months of last year: China accounted for 22%

According to south Korean customs hall (customs) and the food industry has news, South Korea’s first 11 months of 2021 exports amounted to $607.9 million instant noodles, up 10.6% from a year earlier, the refresh record, more than a record set in 2020 has the highest annual exports ($603.57 million).China is South Korea’s largest export market, instant noodles first 11 months of last year exports amounted to $133.42 million. Followed by the United States market, exports amounted to $70.76 million.South Korea’s per capita consumption among the world’s first instant noodles, can eat more than 70 packages per person a year. Other major markets include: Japan ($58.77 million), the Philippines ($25.96 million), Malaysia ($24.99 million), Australia ($19.46 million), Thailand ($27.21 million).

The cause of the South Korea of instant noodles, overseas sales, south Korean media believe that the new epidemic leads people to curtilage home time increased, the Korean movie “parasites” appearance, such as instant noodles, advertising to stimulate consumption, etc., is seen as positive.Affected by the epidemic long-term change and the prevalence of Korean wave, instant noodles sentiment in South Korea last year, there are a lot of foreigners to imitate the south Korean film and television characters always “to a pack of instant noodles”. However, with the south Korean noodle company has mainly in overseas factories in production, so the south Korean noodles in actual sales overseas may be greater than the exports.This also and the Korean food industry, in addition to the stock up demand conditions of the outbreak, all kinds of Korean instant noodles frequently appear in the hit film, TV, also led South Korea instant noodles important driving force to the growth of exports.Of South Korea’s “Seoul news” reported that recently, in addition to the instant noodles, Han Guonong the exports of fish, break through the $10 billion for the first time last year, ginseng, kimchi, seaweed and other food’s popularity all over the world.

Kimchi is another big market. South Korea’s agriculture, forestry and livestock production, said the south Korean Kimchi, Kimchi exports $159.9 million in 2021, a record, for since 2009, after 12 years of surplus again ($19.2 million).Kimchi, according to yonhap news agency reported that exports in recent 5 years, average increased by 18%, export countries and regions also increased from 2011 in 61 to 89.Farmers, was quoted as saying, according to the analysis of foodstuffs division COVID – 19 (COVID – 19) after an outbreak, people to become more and more attention to health, and K – POP hallyu boom rising, kimchi visibility. Private enterprises to improve the quality of products, as well as the government’s support policy also contribute to kimchi export growth.

Post time: Jan-14-2022