echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > 99%! South Korean media exclaimed that Chinese kimchi had "captured" South Korea.

    99%! South Korean media exclaimed that Chinese kimchi had "captured" South Korea.

    • Last Update: 2020-09-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    South Korea's trade deficit in kimchi in 2017 was 50.3 billion won (about 300 million yuan), up 11% from 2016, according to trade statistics released by the South Korean Customs Office on Thursday. This is not only the highest level since the relevant statistics were implemented in 2000, but also the first time that the deficit has passed the 50 billion won mark. At the same time, the import and export volume gap for Kimchi in South Korea is also at a record high , with 275,600 tonnes of kimchi imported in 2017, 10 times the amount exported (243,000 tonnes). One reason behind this string of figures is that Chinese-made kimchi is cheap and has entered the Korean market in a big way. Chinese kimchi accounts for 99% of South Korea's imports. In this regard, the Korean media exclaimed that "Chinese-made kimchi has captured the Korean market."
    "The humiliation of kimchi host country," Yonhap reported on the 17th, South Korea's agricultural and aquatic food distribution commune recently released a report shows that South Korean restaurants generally use Chinese-made kimchi, encouraging South Korea's imports of kimchi scale is higher than the scale of exports year by year. South Korea's kimchi import and export prices vary greatly, which is one of the reasons for the increase in the annual import scale of Korean kimchi. In 2016, for example, South Korean kimchi exports cost $3.36 per kilogram, while imported kimchi cost only $0.50 per kilogram. The story was widely quoted and reprinted by the Korea Herald Economics, Daily Economics and other media.
    Korea Daily said on the 17th, because Of China's kimchi is cheap, compared with South Korea's kimchi has a competitive advantage, is widely accepted by South Koreans. So whether it's Koreans in China or Han Chinese, even South Koreans are building large processing plants in China to produce kimchi. More than 100 kimchi factories in Shandong, Liaoning and Jilin, China, have established trade relations with South Korea. South Korea's parliament, Park Geun-hye, began calling on the government in October to take appropriate support measures to expand kimchi exports, the Korea Agricultural News said. "If the kimchi trade continues in deficit form, South Korea's status and image as a kimchi host country will be affected," he warned.
    reporter Li Jun.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.