echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > South Korea's instant noodles exports are expected to reach a record high of $600 million this year

    South Korea's instant noodles exports are expected to reach a record high of $600 million this year

    • Last Update: 2021-01-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    SEOUL, Dec. 21 (Yonhap) -- South Korea's total instant noodle exports rose 28.4 percent year-on-year to $549.72 million in January-November, according to data released by the South Korean Customs Office (Customs) and the food industry.
    as long as exports were flat in December from the previous month, they are expected to reach a record $600m for the full year.
    export countries, exports to China were the largest, at $138.56 million, or 25.2 percent.
    followed by the United States ($72.84 million), Japan ($44.98 million), Thailand ($24.66 million) and the Philippines ($22.37 million).
    considering the overseas production and sales performance of some food manufacturers, South Korea instant noodles sales in the world is expected to further expand.
    Currently, Nongxin has factories in both China and the United States that produce products such as sin ramen, oolong noodles, olive oil fried noodles, beef soup bowl noodles, etc., and achieved sales of 168.5 billion won (about 1.036 billion yuan) and 26.3 billion won, respectively, through its Russian and Vietnamese branches in the first and third quarters of this year, far exceeding the total export value of the head office (89.6 billion won).
    (Complete)
    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.