According to a statistics released by the International Trade and Economic and Trade Commission of the Korean Trade Association on January 6th,
according to a statistic released on the 6th,South Korea’s kimchi exports increased by 36.4% year-on-year in the first 10 months of 2020, to 1 as people’s demand for fermented food that can help improve immunity under the epidemic increased during the epidemic.
19.9 billion US dollars, a record high.
According to the data, from January to October last year, Japan accounted for 49.9% of South Korea’s kimchi exports, and the value of exports to Japan also increased by 28% year-on-year to $59.48 million.
The market share of Korean-made kimchi in the Japanese market gradually increased from 13.4% in 2017 to 19.6% last year.
In terms of the growth of kimchi exports, exports to Singapore increased by 85.4% year-on-year, followed by Australia (64.7%), the United States (56.3%) and Hong Kong (50.4%).
