Exports of agro, food goods in South Korea hit new high in 2022

Seoul, Dec. 4 (BNA): Government data showed Sunday that South Korea’s exports of agricultural and food products jumped to a new record in the first 11 months of this year.

Outbound shipments of agricultural and food commodities reached $8.08 billion in the January-November period, Yonhap reported, up 4 percent from the same period last year, according to the agriculture and fisheries ministries.

The ministry said that instant noodle exports rose 14.5% year-on-year to reach $696 million in the cited period.

Outbound shipments of processed food, such as instant rice and rice cake, jumped 10.7 percent year-on-year, to $163 million, the ministry said.

The ministry expects the annual export volume of agricultural and food products to reach a record level in 2022, surpassing last year’s record of $8.56 billion.

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