South Korea

Food & Beverages

24-03-2022

S. Korea's snack exports hit record high last year

South Korea

South Korea's exports of snacks hit a record high last year on the back of demand by stay-at-home consumers amid the COVID-19 pandemic and the popularity of the Korean pop culture, customs data showed Thursday. Exports of snacks came to an all-time high of US$466 million last year, up 13.1 percent from a year earlier and extending their gains to the second straight year, according to the data from the Korea Customs Service. Snack shipments also rose 16.6 percent to $75 million in the first two months of this year.

 

The customs agency said exports of snacks rose due to robust demand by stay-at-home consumers amid the protracted pandemic and the popularity of Korean cultural content. By country, exports to the United States topped the list last year with $94 million, followed by Japan with $89 million and China with $87 million. By item, shipments of baked goods, including cookies and pies, were the largest with $335 million, trailed by confectioneries, such as candies and jellies, with $110 million and chocolates with $21 million.