Korea¡¯s agricultural and fishery hit record high of $11.36 bn in 2021

2022.01.05 14:59:07 | 2022.01.05 15:00:15

[Photo by Yonhap]À̹ÌÁö È®´ë

[Photo by Yonhap]

South Korea¡¯s agro-fishery product export topped $10 billion last year through upgraded farming technology and growing popularity of Korean produces.

The country¡¯s agriculture and livestock products exports jumped 12.9 percent to $8.54 billion in 2021 from a year-ago period, showed government data on Wednesday. Fishery products exports surged 22.4 percent on year to $2.82 billion. The combined exports totaled at $11.36 billion, exceeding the $10 billion milestone for the first time ever.

Exports of ramyeon (instant noodles) climbed 11.8 percent to $674.6 million, drinks 18.2 percent to $485.3 million, and sauces 14.7 percent to $365.7 million.

Korean fruits were also popular, especially in Hong Kong and Singapore. The country shipped out $64.5 million worth of strawberries and $38.7 million worth of grapes, which are up 20 percent and 24.1 percent, respectively, on year.

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Korean fruits have successfully made an inroad to hotel and other premium sales channels after shipping them fresh via government-sponsored air transportation, said Kim Jae-hyun, export team head at the Ministry of Agriculture, Food and Rural Affairs. Grapes even sold at $100 per cluster in China after offering high-quality product, added Kim.

Among fishery products, gim (dried seaweed) and tuna were popular. Gim exports jumped 15.4 percent on year to $592.8 million and tuna 9.7 percent to 579.2 million. Exports of eomuk (processed seafood product) rose 9.7 percent to $49.5 million and oyster 21 percent to $80.1 million.

Gim exports have been setting new records every year for over 10 years, and orders are coming from more countries, said Kim Joon-seok, a Ministry of Oceans and Fisheries official.

By Song Min-keun, Park Dong-hwan and Cho Jeehyun

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