Reported 12 months ago
A Thai noodle shop in Bangkok displaying a variety of Korean instant noodles (Source: Reuters) Instant noodles have become South Korea's strongest export item, with a 30% increase in export value in the first half of 2024 compared to the same period in 2023, nearing 600 million USD (around 19.53 billion TWD). The export data released by South Korea's Ministry of Agriculture, Food and Rural Affairs on July 3 shows a 6.7% year-on-year growth in total agricultural and fisheries exports to reach 4.77 billion USD, with instant noodles export soaring by 32.3% to 590 million USD. The growth is attributed to the continuous expansion of online and offline sales channels, with significant increases in exports to China, the United States, and Europe.
Source: YAHOO