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    Home > Food News > Food Articles > Korea's instant noodle exports hit record high of over $70 million in March

    Korea's instant noodle exports hit record high of over $70 million in March

    • Last Update: 2022-05-13
    • Source: Internet
    • Author: User
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    Yonhap News Agency, Seoul, April 25.
    With the help of the Hallyu wave, the export of instant noodles from South Korea exceeded the US$70 million mark for the first time in a single month .
    According to the Korea Customs Service ( Customs ) and the food industry on the 25th, South Korea exported 71.
    58 million US dollars of instant noodles in March this year, a year-on-year increase of 20% and a month-on-month increase of 35.
    8% .


     
    The previous record for Korean instant noodles in a single month was $66.
    66 million in December last year
    .
    In March, the export volume of Korean instant noodles was 20,119 tons, exceeding 20,000 tons for the first time, an increase of 17.
    2% year-on-year and a month-on-month increase of 35.
    7%
    .
    In March, the export value of instant noodles reached 64.
    3 times the import value (1.
    11 million US dollars), and the export volume reached 132.
    4 times the import volume (152 tons)
    .
     
      In terms of major countries and regions, exports to China are the largest, reaching US$19.
    08 million, followed by US$9.
    75 million to the United States, US$5.
    71 million to Japan, US$2.
    9 million to Thailand, US$2.
    89 million to Canada, and US$2.
    57 million to the Philippines.
    , to Malaysia ($2.
    53 million)
    .
    Affected by the Russian invasion of Ukraine, exports to Russia plummeted by 58% year-on-year to $540,000
    .
    Exports to Ukraine fell to zero from $36,000 in February
    .
     
      BTS and other Korean singers and film and television dramas have swept the world and brought instant noodles exports
    .
    Especially in the Oscar movie "Parasite", "Jhajang Udon" has become a popular hit
    .
    Samyang Food's turkey noodle series sells well in Southeast Asia
    .
    Recently, the Middle East has also set off a craze for Korean instant noodles
    .
     
      Since the outbreak of the new crown epidemic in 2020, people all over the world have been forced to live at home, and Korean instant noodles are widely favored as a daily meal and emergency food reserve
    .
    Korean instant noodle manufacturers are also building factories overseas and selling on-site, so their global sales are far greater than exports
    .
    (Finish)
    Instant noodles export customs food
     
      The previous record for Korean instant noodles in a single month was $66.
    66 million in December last year
    .
    In March, the export volume of Korean instant noodles was 20,119 tons, exceeding 20,000 tons for the first time, an increase of 17.
    2% year-on-year and a month-on-month increase of 35.
    7%
    .
    In March, the export value of instant noodles reached 64.
    3 times the import value (1.
    11 million US dollars), and the export volume reached 132.
    4 times the import volume (152 tons)
    .
     
      In terms of major countries and regions, exports to China are the largest, reaching US$19.
    08 million, followed by US$9.
    75 million to the United States, US$5.
    71 million to Japan, US$2.
    9 million to Thailand, US$2.
    89 million to Canada, and US$2.
    57 million to the Philippines.
    , to Malaysia ($2.
    53 million)
    .
    Affected by the Russian invasion of Ukraine, exports to Russia plummeted by 58% year-on-year to $540,000
    .
    Exports to Ukraine fell to zero from $36,000 in February
    .
     
      BTS and other Korean singers and film and television dramas have swept the world and brought instant noodles exports
    .
    Especially in the Oscar movie "Parasite", "Jhajang Udon" has become a popular hit
    .
    Samyang Food's turkey noodle series sells well in Southeast Asia
    .
    Recently, the Middle East has also set off a craze for Korean instant noodles
    .
     
      Since the outbreak of the new crown epidemic in 2020, people all over the world have been forced to live at home, and Korean instant noodles are widely favored as a daily meal and emergency food reserve
    .
    Korean instant noodle manufacturers are also building factories overseas and selling on-site, so their global sales are far greater than exports
    .
    (Finish)
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