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    Home > Food News > Food Articles > South Korea's instant noodle exports hit a new high in the first half of the year

    South Korea's instant noodle exports hit a new high in the first half of the year

    • Last Update: 2021-07-27
    • Source: Internet
    • Author: User
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    Yonhap Seoul, July 26 electric Korea Customs Service ( Customs ) 26 released data show that the first half of this year, South Korean instant noodles exports year on year increase of 5.
    8 percent, to $ 3.
    1968 billion and refresh the record high year after year
    .
    The value of imports is 4.
    69 million US dollars
    .
     
    In terms of export targets, the largest export value to China was 68.
    13 million U.
    S.
    dollars, followed by the United States (37.
    3 million U.
    S.
    dollars), Japan (33.
    02 million U.
    S.
    dollars), Taiwan (16.
    21 million U.
    S.
    dollars), and the Philippines (11.
    67 million U.
    S.
    dollars)
    .
     
    As people spend longer at home under the epidemic, Korean instant noodles have attracted attention as meals and emergency food reserves
    .
    Moreover, the "jajang udon" made with two flavors of instant noodles under Nongshim's company appeared in the film "Parasite" which won four Oscars last year, which also played a positive role in increasing exports
    .
     
    In the first half of the year, South Korea’s export growth rate of instant noodles fell sharply compared with the same period last year (37.
    4%), and exports to China fell sharply by 15.
    8%
    .
    In this regard, industry insiders believe that there was a phenomenon of hoarding instant noodles affected by the epidemic in the first half of last year, and the recent hindrance in export logistics has had a certain impact on the slowdown in export growth
    .
    (Finish)
    Customs instant noodle export and import
     
      In terms of export targets, the largest export value to China was 68.
    13 million U.
    S.
    dollars, followed by the United States (37.
    3 million U.
    S.
    dollars), Japan (33.
    02 million U.
    S.
    dollars), Taiwan (16.
    21 million U.
    S.
    dollars), and the Philippines (11.
    67 million U.
    S.
    dollars)
    .
     
      As people spend longer at home under the epidemic, Korean instant noodles have attracted attention as meals and emergency food reserves
    .
    Moreover, the "jajang udon" made with two flavors of instant noodles under Nongshim's company appeared in the film "Parasite" which won four Oscars last year, which also played a positive role in increasing exports
    .
     
      In the first half of the year, South Korea’s export growth rate of instant noodles fell sharply compared with the same period last year (37.
    4%), and exports to China fell sharply by 15.
    8%
    .
    In this regard, industry insiders believe that there was a phenomenon of hoarding instant noodles affected by the epidemic in the first half of last year, and the recent hindrance in export logistics has had a certain impact on the slowdown in export growth
    .
    (Finish)
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