S. Korea's Ramyeon Exports Post New High

Write : 2017-01-30 13:44:35 Update : 2017-01-30 13:54:08

S. Korea's Ramyeon Exports Post New High

South Korea’s ramyeon exports have posted a new high on the back of strong demand for the spicy instant noodles not only in Asia but also in the U.S., the Middle East and Europe.
The Ministry of Agriculture, Food and Rural Affairs said on Monday that the nation’s ramyeon exports amounted to some 290-point-four million U.S. dollars last year. The figure is up nearly 33 percent compared to the previous high of around 219 million dollars posted in 2015.
Exports of the instant noodles surpassed 100 million dollars in 1997 and 200 million dollars in 2012.
In 2014, such exports saw minus growth. However, last year, they surged more than 30 percent, posting the sharpest growth in 22 years.
Ramyeon exports to China jumped more than 94 percent last year, thanks to strong demand and the immense popularity of South Korean cultural contents.
Recently, ramyeon exports to parts of Europe and the Middle East have also been on the rise. 

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