Report: South Korea instant noodles exports in the first 10 months of this year increased by 30% year-on-year

SEOUL, Dec. 10 (Yonhap) -- South Korea's total exports of instant noodles and instant noodles rose 32.4 percent year-on-year to $572.57 million in January-October, according to a report released Monday by the Korea Trade Association's Institute of International Trade and Trade.
analysis points out that with the spread of the epidemic, the world's demand for instant food such as instant noodles has increased further.
analysis of nine indicators in 58 countries by artificial intelligence, China topped the list of export potential for instant noodles and instant noodles with 93.1 points.
specifically, China has become the market with the greatest potential, with import growth (18.6 per cent), overall share of the import market (54 per cent) and total imports ($230.74 million).
imports of instant noodles and instant noodles rose 43.7 per cent in March and jumped to 104 per cent in April.
korean instant noodles and instant noodles market share increased from 49% in 2018 to 58% this year (January-July). analysis by the
Trade Association points out that the four-time Oscar-winning South Korean film "Parasite" in the scene of cooking instant noodles, which caused widespread concern among foreign consumers, and the outbreak of instant noodles is considered a must-stock fast food, which makes South Korea instant noodles popularity is rising.
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