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    Home > Food News > Food Articles > South Korea's rice food exports in 2020 increased by 27% year-on-year to a new high

    South Korea's rice food exports in 2020 increased by 27% year-on-year to a new high

    • Last Update: 2021-01-24
    • Source: Internet
    • Author: User
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    SEOUL, Jan. 10 ( Yonhap ) South Korea's Ministry of Agriculture, Foreculture and Livestock released preliminary statistics on the 10th, 2020 rice processed food exports hit the highest since the beginning of the relevant statistics, 137.6 million U.S. dollars, up 26.9% year-on-year.
    analysis pointed out that the rice processed food export situation is good mainly due to the outbreak of convenience food and rice food market demand increased, as well as the government's active support for export enterprises.
    with the prevalence of Korean culture, demand for Korean rice-based food in Asia has also increased, with exports of cakes such as rice cakes soaring 56.7 per cent year-on-year to $53.8 million.
    , demand for convenience foods in the United States and other places soared, with exports of processed rice such as frozen fried rice and instant rice increasing by 32.2% year-on-year to $45.9 million.
    the largest exports to the United States by export destination, at $55.3 million, followed by Japan, Vietnam and China.
    , exports to the United States increased by 53.3 per cent year-on-year, accounting for 40.2 per cent of total rice processed food exports.
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