37

8

BUZZ News

Korean ramyun reaches all-time export high, reflects increase of 'K-food' popularity in China and the U.S.

AKP STAFF
Posted by Dani-Dee Saturday, October 29, 2022

As Korean dramas and K-pop continue to build popularity in overseas markets, interest in 'K-food' is also rapidly spreading. According to a report by Yonhap News, the cumulative export profit of ramyun from January to September this year recorded an all-time high compared to similar periods.

On October 30 KST,  the Korea Agro-Fisheries & Food Trade Corp. (aT) and Korea Agri-Food Export Information (KATI) revealed that the export profit of ramen reached $568.2 million USD dollars (about 810 billion won) through September this year, an 18.0% increase from the same period last year, setting a record high.


The region with the highest ramyun export profit was China, which increased export ramyun sales by 27.4% to $132.4 million (188.7 billion won). The United States follows with a 15.2% increase, totaling $63.7 million (908 billion won). However, export profits in Japan fell 2.3% to 45.8 million dollars (65.3 billion won).


aT analyzed that Korean pop culture and online marketing, as well as preparations for a possible new wave of COVID-19, may have caused this spike, adding,"[In the U.S.,] demand for Korean ramyun continues, but growth has slowed as imports are adjusted to deplete inventory."

Meanwhile, aT will be promoting Korean ramyun with events in China, Italy, and Qatar through November, as consumption of ramyun is expected to increase in northern hemisphere countries toward the end of the year.

  1. misc.
28 8,353 Share 82% Upvoted
 
whatever101
whatever10111,923 pts Saturday, October 29, 2022 2
Saturday, October 29, 2022

its really impressive how Korea's soft power of taking over the world through K-pop has snowballed into them dominating now food, beauty, and tv/movie entertainment @____@

4 (+5 / -1)
Share

2 more replies

 
kizuna2129
kizuna2129287 pts Sunday, October 30, 2022 0
Sunday, October 30, 2022

I wonder if the korean word "ramyun" will be trendy instead of using the japanese word "ramen"

1 (+1 / -0)
Share

SHOW ALL COMMENTS

allkpop in your Inbox

THE TOP 10 STORIES DELIVERED DAILY
2NE1, Park Bom
Jang Na Ra
SHINee, Minho
DAY6, Park Myung Soo, Yoo Jae Suk
Kal So Won
fromis_9
Song Min Ho (Mino)
Junho
Go Hyun Jung
Jeon Yeo Been , Nam Goong Min
Apink
2NE1, Park Bom
Go Hyun Jung
(G)I-DLE, Miyeon
Jang Na Ra
New Message

SEND